Ralph Lauren Jumps as Luxury Shoppers Spend at Full Price (3)

May 21, 2026, 2:48 PM UTC

Ralph Lauren Corp. surged after it reported revenue and profit that beat analyst expectations, demonstrating the high-end apparel company’s momentum with consumers in the face of ongoing tariff uncertainty.

The New York-based company said fourth-quarter revenue was $1.98 billion, beating the average analyst estimate compiled by Bloomberg. Adjusted earnings of $2.80 per share also exceeded expectations.

Shares rose 10%, the most intraday since April 2025, at 10:18 a.m. in Thursday trading in New York. The stock has declined 6.9% for the year through Wednesday’s close.

Sales growth was led by Asia, particularly China, which rose 31% on a reported ...

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