Business

Ralph Lauren Beats Revenue Estimates on Resilient Luxury Apparel Demand
By Reuters | 21 May, 2026

Strong demand for its high-priced Polo shirts and cotton cable-knit jumpers among affluent shoppers sent Ralph Lauren shares up about 9% on projections of a 4% to 5% revenue growth for the year.

Ralph Lauren beat Wall Street estimates for fourth-quarter revenue on Thursday, helped by resilient demand for its high-priced Polo shirts and cotton cable-knit jumpers among affluent shoppers, sending its shares up about 9% before the bell.

The company expects constant currency revenues to increase by about mid-single digits to last year, centered around 4% to 5%.

It posted quarterly revenue of $1.98 billion, compared with analysts' estimate of $1.85 billion.

(Reporting by Anuja Bharat Mistry in Bengaluru and Danielle Kaye in New York; Editing by Pooja Desai)