“I am Impressed,” Says Jim Cramer About Ralph Lauren (RL)

Group 1 - Ralph Lauren Corporation (NYSE:RL) was highlighted in a discussion about the retail industry and consumer spending, particularly in relation to luxury goods [2][3] - The company raised its full-year revenue guidance growth to a 6% midpoint and exceeded analyst revenue and EPS estimates in its second-quarter results [2] - Jim Cramer expressed admiration for Ralph Lauren, noting the company's high-end products, including a $300,000 watch, which indicates strong consumer interest, especially from affluent customers [3] Group 2 - The discussion also referenced Tapestry's earnings report, which saw a decline in shares despite beating revenue and earnings expectations, contrasting with Ralph Lauren's positive performance [2] - The overall sentiment suggests that while Ralph Lauren shows promise, there are other AI stocks that may offer higher returns with limited downside risk [3]