Ralph Lauren Boosts FY26 Revenue Growth Outlook; Stock Down 6.4% - Update

While reporting its financial results for the third quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth for the fourth quarter in about mid-single digits from last year on a constant currency basis.Looking ahead to fiscal 2026, the company now projects revenues to increase in the high-single to low-double digits on a constant currency basis, up from the prior forecast for a growth of 5 to 6 percent.On average, analysts polled expect net sales growth of 3.92 perc ...