By Reuters
(Reuters) – Ralph Lauren Corp <RL.N> on Tuesday reported about 3% rise in first-quarter revenue, as a marketing boost from social-media and new launches helped attract millennial shoppers across the globe.
Net income rose to $117.1 million, or $1.47 per share, in the quarter ended June 29, from $109 million, or $1.31 per share a year earlier
Net revenue rose to $1.43 billion from $1.39 billion.
Analysts were projecting revenue of $1.42 billion, according to IBES data from Refinitiv.
(Reporting by Nivedita Balu in Bengaluru; Editing by Shailesh Kuber)
