Ralph Lauren earnings, revenue top analysts' expectations; shares rise

Ralph Lauren signage is seen on the window of a store on Prince Street in New York.
Michael Nagle | Bloomberg | Getty Images
Ralph Lauren signage is seen on the window of a store on Prince Street in New York.

Ralph Lauren on Thursday reported second-quarter earnings and revenue that topped analysts' expectations.

Shares of Ralph Lauren traded more than 3 percent higher early Thursday.

The luxury apparel maker posted adjusted earnings of $1.90 a share on revenue of $1.82 billion.

Analysts had expected the company to report a profit of $1.71 a share on revenue of $1.81 billion, according to Thomson Reuters I/B/E/S.

Ralph Lauren's comparable-store sales dropped 8 percent in the quarter.