Ralph Lauren Sees 30% Net Increase in Q1 2025

SummaryRalph Lauren Corp reported a 30% rise in net income in Q1, leading the company to raise its fiscal year outlook due to strong sales growth across North America, Europe, and Asia, and a successful strategy of increasing prices.Despite its positive performance, the company is cautiously optimistic about the future due to new US tariffs and potential consumer reactions to price hikes, but is leaning into its heritage status and diverse brand offerings to maintain its wide appeal.With better-...