India, May 22 -- While reporting its financial results for the fourth quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth for the first quarter in about high-single digits from last year on a constant currency basis.
Looking ahead to fiscal 2026, the company now projects revenues to increase in about low-single digits from last year on a constant currency basis, with growth weighted to the first half of the fiscal year, reflecting caution on the global operating environment.
On average, analysts polled expect net sales growth of 5.17 percent to $1.59 billion for the quarter and net sales growth of 4.34 percent to $7.33 billion for the year.
The company noted that the outlook is based on its be...