By Katherine Hamilton

Ralph Lauren expects to grow revenue at a mid-single-digit rate and operating profit at an even higher clip annually over the next three years.

The retailer also backed its outlook for fiscal 2026 that it disclosed in August.

Shares recently ticked down 1.4% to $311.37.

Ralph Lauren last month boosted its sales projection for the year, and said it expected revenue to rise in the low-to-mid single digits, screening out the effects of foreign exchange, compared with a prior forecast for revenue in the low-single-digit percentage range.

Under its strategic growth plan, the New York company, known for its apparel and fragrances, on Tuesday said it plans to expand its lifestyle brand to improve customer acquisition and retention, drive strength in its core products and scale its strategy in its top 30 cities.

The company posted a sharp rise in first-quarter earnings in August as consumers paid up for its clothes and accessories in many parts of the world, especially in Asia. Direct-to-consumer comparable-store sales, or sales in outlets open a year or more, surged 13% on rising demand across all of its markets and categories.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

September 16, 2025 11:07 ET (15:07 GMT)

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