Ralph Lauren stock surged 10.5% in morning trading after reporting fiscal Q4 2026 results that beat Wall Street expectations. Revenue hit $1.98 billion, up 16.6% YoY, while non-GAAP EPS of $2.80 topped consensus by about 10%.
Key drivers: resilient demand from affluent shoppers for full-price items, strong international growth in Europe and Asia, and a 9.6% dividend hike to $1.00 per share.
The broader market was weak (S&P 500 -0.3%, NASDAQ -0.5%), making Ralph Lauren's gain company-specific. Despite tariff and supply-chain concerns, the strong earnings alleviated investor worries.
