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Ralph Lauren reports profit jump, led by Asia

Ralph Lauren reported a 30.7% YoY increase in net profit to $220.4 million for Q1 fiscal 2025, with revenue up 14% to $1.7 billion, beating analyst expectations. Average unit retail prices rose 14% during the quarter. By region, sales grew 8% in North America, 16% in Europe, and 21% in Asia. Despite strong results, the company’s share price fell 6.5% amid broader market uncertainty. Ralph Lauren expects full-year revenue to grow at a low- to mid-single-digit rate on a constant-currency basis.

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