Ralph Lauren reports earnings growth, revenues beat expectations

Ralph Lauren Corporation reported net income of 216 million dollars or earnings per diluted share of 3.20 dollars on a reported basis and 226 million dollars adjusted net income or 3.35 dollars on an adjusted basis for the third quarter of fiscal 2023 compared to 2.93 dollars on a reported basis and 2.94 dollars on an adjusted basis for the same quarter last year.