Ralph Lauren Corp on Wednesday raised the low end of its full-year profits forecast on the expectation of strong gains during the holiday quarter, and the designer clothing company amplified its dividend. Shares of Ralph Lauren rose 2.two % to $175 in premarket trading. Business was strongest at Ralph Lauren's own merchants, which generate just under half of companywide income and where revenue rose six.5 percent, stripping out currency fluctuations. Revenue increased one percent inside the wholesale business, which sells brand names like Polo Ralph Lauren Outlet Online and Lauren by Ralph Lauren at department suppliers these types of as Macy's Inc . The company said growth in North America had offset declines in shipments to European and Japanese customers. Chief Operating Officer Jacki Nemerov in a statement cited those "encouraging trends" in raising the low end of the sales forecast. Ralph Lauren now expects revenue for that calendar year ending in late March to rise between five p.c and seven p.c, versus an earlier range of 4 percent to seven p.c. For that current quarter, which includes the holiday season, Ralph Lauren said it predicted revenue to be up between eight % and 10 percent, despite a two-point hit from currency movements. The company said net revenue, including from licensing, rose 2.eight p.c to $1.915 billion inside the second quarter ended September 28. The result was in line with Wall Street projections. Ralph Lauren Outlet reported a profit $205 million, or $2.23 per share, down from $214 million, or $2.29 per share, a 12 months earlier, but above analysts' forecasts by 3 cents. The company raised its annual dividend 12.5 percent to $1.80 per share.