On May 21, Ralph Lauren rose 10.25% in regular trading, trading at $363.155/share, with trading volume of $37.93 million. The surge was driven by the company's fiscal Q4 results that substantially exceeded Wall Street estimates on both top and bottom lines.
Ralph Lauren reported fiscal Q4 adjusted earnings of $2.80 per diluted share, beating the analyst consensus of $2.54 by 10.24% and representing a 23.35% year-over-year increase from $2.27. Quarterly revenue reached $1.98 billion, surpassing the expected $1.85 billion and growing from $1.70 billion a year earlier. The outperformance was attributed to resilient demand from affluent consumers for premium products including Polo shirts and cable-knit sweaters.
The company also issued fiscal 2027 guidance, projecting mid-single-digit revenue growth of approximately 4% to 5% on a 52-week comparable basis, with Q1 revenue expected to increase mid- to high-single digits year-over-year. Additionally, Ralph Lauren raised its quarterly dividend to $1.00 from $0.9125 per share. Deutsche Bank maintained a Buy rating with a $434 price target.
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