Why is Ralph Lauren (RL) One of the Best Luxury Stocks to Buy Now?
Ralph Lauren Corporation (NYSE:RL) is one of the best luxury stocks to buy now. Telsey Advisory reaffirmed a Buy rating on Ralph Lauren Corporation (NYSE:RL) on February 10, setting a price target of $435. The rating update came after the company reported strong fiscal Q3 2026 holiday results on February 5, exceeding expectations. Fiscal Q3 revenue rose 12% on a reported basis and 10% in constant currency, surpassing expectations and reflecting healthy demand across geographies.
The company further reported earnings per diluted share of $5.82 for the quarter, up 25% compared to the prior year on a reported basis and $6.22, up 29% on an adjusted basis, excluding restructuring-related and other net charges. For comparison, earnings per diluted share for fiscal Q3 2025 came up to $4.66 on a reported basis and $4.82 on an adjusted basis, excluding restructuring-related and other net charges.
Ralph Lauren Corporation (NYSE:RL) further announced that it expects revenues to increase high-single to low-double digits on a constant currency basis in fiscal 2026, up from its prior outlook of a 5% to 7% increase. It still expects foreign currency to benefit revenue growth by approximately 200 to 250 basis points in fiscal 2026, based on current exchange rates.
Ralph Lauren Corporation (NYSE:RL) is a luxury fashion retailer specializing in designing, marketing, and selling luxury lifestyle products, including apparel, footwear, accessories, fragrances, home, and hospitality. Its brand portfolio spans Ralph Lauren, Polo Ralph Lauren, Ralph Lauren Collection, Lauren Ralph Lauren, Ralph Lauren Purple Label, Double RL, and others. Besides manufacturing luxury items for men, women, and children, the company’s hospitality segment includes restaurants like New York City’s The Polo Bar and Chicago’s RL Restaurant.
While we acknowledge the potential of RL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why the Crypto Industry Is More Reliant Than Ever on Trump -- Barrons.com
Last-minute "deal struck"! Trump announces postponement of 50% tariff increase on Canada
The tariff cliff was averted at the last minute! Two hours before the 50% tariff was set to take effect, Trump announced a delay, causing the Canadian dollar to surge. The US disclosed that Canada has compromised on market access and is planning to restart an oil pipeline. Although the Canadian side remains cautious in its statements, this extreme pressure has bought a crucial breathing space for the nearly $900 billion bilateral trade standoff.
BitBox firmware vulnerability fixed as Coldcard’s flaw drains $115M in bitcoin
From the surge in global stock markets and the resilience of gold to arbitrage opportunities in emerging markets, the underlying assumption for this year’s cross-asset trends is that “real interest rates will decline”—but is this really the case?
Goldman Sachs analysis points out that the current cross-asset boom in the stock market, gold, emerging market arbitrage, and narrowing credit spreads essentially shares the same logic: real interest rates are expected to decline soon. However, the U.S. 10-year real yield remains at a relatively high level of around 2.50%, and the key premise has not yet materialized. Goldman Sachs advises not to fight against the arbitrage narrative for now, but to control positions and take cues from the direction of real interest rates as the ultimate basis for judgment.
Crypto prices
More
