Ralph Lauren Sees More Modest Sales Growth -- Market Talk

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1019 ET - Ralph Lauren shares rise nearly 10% after the company delivered another set of strong financial results. Fourth quarter revenue rose 17% with growth in all regions. Earnings were also up 17%. However, after several quarters of strong growth, the company predicted more modest growth for the current fiscal year, expecting sales to rise about 5%. CEO Patrice Louvet said the company's full-year outlook is "right on track" with a three-year outlook that it shared with investors in September. He added that the company is taking a more cautious view of Europe, given some economic pressures there. (suzanne.kapner@wsj.com)

(END) Dow Jones Newswires

May 21, 2026 10:19 ET (14:19 GMT)

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