Core Insights - The stock market in 2026 is experiencing significant volatility, particularly during the Q4 earnings season, which is leading to substantial post-earnings reactions [1] Group 1: Market Trends - The primary theme for investors is the ongoing volatility in the stock market, exacerbated by the Q4 earnings season [1] Group 2: Analyst Background - Gary Alexander has extensive experience in covering technology companies on Wall Street and has worked in Silicon Valley, providing insights into current industry themes [1] - He has been a contributor on Seeking Alpha since 2017 and has been featured in various web publications, with his articles reaching popular trading apps like Robinhood [1]

Core Theme - The stock market in 2026 is experiencing significant volatility, particularly during the Q4 earnings season, which is leading to substantial post-earnings reactions [1] Industry Insights - The technology sector is heavily influenced by various themes, as highlighted by the experience of analysts who have worked in both Wall Street and Silicon Valley [1]

Core Insights - Ralph Lauren Corporation reported strong financial results for Q3 fiscal 2026, with an EPS of $6.22, surpassing the estimated $5.80, and revenue of approximately $2.41 billion, exceeding the estimated $1.82 billion [2][6] - The company raised its full-year outlook, reflecting confidence in continued performance, and received a new price target of $420 from Evercore ISI, indicating a potential stock increase of about 24.4% from its trading price of approximately $337.61 [3][6] Financial Performance - The earnings per share (EPS) for Ralph Lauren was reported at $6.22, exceeding expectations [6] - Revenue for the company reached approximately $2.41 billion, surpassing estimates of $1.82 billion [2][6] Stock Performance - Ralph Lauren's stock is currently priced at $344.55, reflecting a daily increase of $5.89 or 1.74% [4] - The stock has shown volatility, with a trading range between a low of $337.09 and a high of $347.23 during the trading day, and a yearly high of $380 and a low of $176.61 [4] Market Position - The market capitalization of Ralph Lauren Corporation is approximately $20.89 billion, with a trading volume of 518,299 shares [5]

US luxury retailer Ralph Lauren Corporation reported stronger holiday-quarter earnings and upgraded its annual outlook after sales growth and margin expansion across multiple regions. For the quarter ended 27 December 2025, revenue climbed 12% year-on-year to $2.40bn on a reported basis and 10% in constant currency, with foreign exchange contributing about 220 basis points. Net income reached $362m, while adjusted net income was $387m. A year earlier, reported profit stood at $297m and adjusted net inc ...

来源：国际投行研究报告 雅诗兰黛下跌19% 增长恐慌拖累美股再次下跌！ 疲软的劳动力市场数据和对AI的忧虑进一步拉低美国股市，标普500指数年内转跌。软件股也再次大幅 下跌；比特币下跌13%，拖累Strategy股价下跌19%。 标普500指数信息技术板块下跌1.7%。微软(Microsoft)下跌5%，Salesforce回落4.7%。这轮跌势继续冲击 半导体公司，包括Advanced Micro Devices，该公司收盘下跌3.9%；以及英伟达(Nvidia)，该公司收盘下 跌1.4%。 Alphabet股价下跌0.5%，此前这家谷歌(Google)的母公司表示，今年可能进行最高可达1,850亿美元的人 工智能相关资本投资。高通(Qualcomm)发布的疲软预测拖累了这家芯片制造商的股价，其股价下跌了 8.5%。 雅诗兰黛(Estée Lauder)股价下跌19%，在标普500指数成份股中跌幅最大，此前这家美妆集团表示，预 计今年与关税相关的不利因素将使其利润减少约1亿美元。发动机制造商康明斯(Cummins)股价下跌 11%，创下自2020年3月新冠疫情爆发之初以来的最大单日百分比跌幅。 投资者涌入公 ...

中金研究 2026 年在纺织服装珠宝行业中，我们看好：（1）在保持功能性领先的同时，能够满足消费者更多元化时尚需求，让产品拥有更多使用场景的户外服 饰龙头公司。（2）在金价高位下，品牌、产品特色突出的金饰品牌。（3）全球化布局，同时客户经营周期向上的龙头制造商。 点击小程序查看报告原文 Abstract 摘要 看好全球化布局、客户经营周期较好的供应商。 需求端，我们看到海外品牌休闲装和户外鞋服品牌龙头业绩持续增长，这为客户结构多元的供应商提供 了更稳定的订单来源。同时，在目前的全球贸易格局下，我们认为全球化的布局将会是制造商保证稳定的产能和利润率的核心能力。 风险 国内需求波动，海外需求疲软，金价波动，汇率变动，成本上涨。 T正文ext 关注消费者对鞋服功能性和时尚性兼顾的需求 我们看到 2025 年在品牌服饰行业中，户外运动服饰龙头表现仍然优于行业，但在其中我们发现能够更好兼具时尚性和功能性的服饰龙头表现出了更好的 发展趋势。我们认为让功能性产品服务于消费者更多元的使用场景能够进一步释放其市场空间，2026年我们继续看好功能性与时尚性兼具的户外运动服饰 龙头公司。 兼具功能与时尚创新的品牌正在成为户外运动鞋 ...

Core Viewpoint - Ralph Lauren reported strong third-quarter earnings and revenue, exceeding Wall Street expectations, but shares fell due to margin pressure warnings from tariffs [1][3] Group 1: Earnings and Revenue Performance - The company posted earnings per share of $5.82, slightly above analyst estimates of $5.78 [1] - Revenue rose 12% year over year to $2.41 billion, surpassing expectations of $2.30 billion [1] - On an adjusted basis, earnings per share reached $6.22, up 29% from a year earlier, while reported EPS increased 25% from $4.66 [2] - Revenue grew 10% in constant currency terms, with foreign exchange contributing approximately 220 basis points to growth [2] Group 2: Consumer Demand and Product Performance - Sales were driven by demand for products such as Polo shirts and leather handbags, with affluent consumers continuing to spend on luxury goods despite economic pressures on lower- and middle-income households [2] Group 3: Future Outlook - The company expects fourth-quarter operating margin to contract by approximately 80 to 120 basis points due to higher U.S. tariffs [3] - For fiscal 2026, the company raised its outlook for constant-currency revenue growth to the high-single-digit to low-double-digit range, up from the previous forecast of 5% to 7% [4] - Operating margin expansion is projected at 100 to 140 basis points, compared to an earlier estimate of 60 to 80 basis points [4] - Fourth-quarter revenue is expected to grow at a mid-single-digit rate in constant currency [4]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 27, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-13057 Ralph Lauren Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 650 Madis ...

Key Takeaways RL beat Q3 EPS and revenue estimates as broad-based demand drove strong holiday momentum across regions.Ralph Lauren posted 12% revenue growth, high-single-digit DTC comps and double-digit wholesale gains.RL expanded operating margin by 220 bps and raised FY26 guidance on full-price selling and operating leverage.Ralph Lauren Corporation (RL) posted impressive third-quarter fiscal 2026 results, wherein both the top and bottom lines increased year over year and surpassed the Zacks Consensus Est ...

The company raised its full-year revenue growth outlook, supported by expanding margins and favorable pricing and product mix.The company increased average unit retail (AUR) by 18% across its direct-to-consumer network in the third quarter, exceeding expectations and reflecting continued brand elevation, strong full-price selling, and fewer promotions than planned.Quarterly MetricsThe company reported third-quarter adjusted earnings per share of $6.22, beating the analyst consensus estimate of $5.81. Quarte ...