🟢 Ralph Lauren is trading 5% up today after first-quarter revenue and adjusted EPS beat estimates

Ralph Lauren is trading at $399.67, up +4.96% after first-quarter revenue and adjusted EPS exceeded estimates.

• First-quarter revenue reached $1.96 billion, exceeding the $1.87 billion analyst estimate; adjusted EPS was $4.59 versus the $4.32 consensus estimate.
• Growth was driven by affluent shoppers, particularly in Asia, while management raised its full-year margin outlook.
• The move is a clear company-specific reaction to the August 6 earnings release and conference call. Trading is active during the open session, though volume data was unavailable.