Company Overview - Ralph Lauren operates as a diversified lifestyle platform, with a portfolio that includes Polo Ralph Lauren, Purple Label, Double RL, Lauren Ralph Lauren, and licensed categories like fragrances and eyewear [1] - The brand extends beyond apparel to accessories and home collections, reinforcing its complete lifestyle ecosystem [1] Market Positioning - The company maintains tight control over branding, distribution, and design to protect its premium image and sustain pricing power [1] - Ralph Lauren has emphasized brand elevation by reducing promotional activity and prioritizing full-price selling, which has strengthened margins [8] Financial Performance - In fiscal Q3 2026, Ralph Lauren reported revenue of $2.4 billion, a 12% year-over-year increase, exceeding consensus expectations by approximately $96 million [9] - Asia was the primary growth driver, with regional revenue increasing by 22%, and China alone saw a 30% increase due to sustained brand demand [9] - Non-GAAP EPS for the same quarter was $6.22, up 29% year-over-year, supported by higher average unit retail prices and disciplined inventory management [10] Analyst Insights - Jefferies analyst Blake Anderson highlights Ralph Lauren's quality products and strong growth, expecting revenue growth in the mid-single digits driven by average unit retail increases and share gains in emerging categories [11] - Anderson rates RL shares a Buy with a price target of $410, indicating an 11% upside potential for the year ahead [12] - The consensus rating for Ralph Lauren's stock is Strong Buy, with 12 Buys and 2 Holds, and an average target price of $418.15 suggesting a 13% upside [12]