Ralph Lauren Corporation (RL) earnings on August 6, 2026

Before the market opens Q2 2026

More Ralph Lauren Corporation earnings

Prior outlook: Optimistic Outcome: Accurate

Ralph Lauren shares rose after the company announced plans to reduce discount sales and close lower-tier stores. An analyst also raised the price target, supporting the positive move.

RL price around the earnings

395.83

Change: +4.0%

2026-08-06, 20:00 UTC

Start of the measured window End of the measured window
362.00 378.12 394.23 410.35 380.69
Price series around the eventClosing price per minute from before the event to the end of the measured window.
August 6, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Accurate

Thesis published
Results released

Strong analyst upgrades and strong recent beat history drive a significant positive trajectory into earnings despite recent negative trend strength.

Context analyzed before publication

Trend
Trajectory improved 25→58 over week as analyst upgrades strengthened an optimistic thesis despite negative trend strength.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.58
Analysts covering the stock
17
Average price target
429
Lowest price target
235
Highest price target
511
Upside to price target
12.7%
Quarterly earnings growth
17.5%
Revenue growth
16.6%
Forward EPS
20.44
Trailing EPS
15.23
Analyst moves in the last 60 days
4
  • Strong buy: 5
  • Buy: 12
  • Hold: 1
  • Sell: 1
  • Strong sell: 0
Strong buy
5
Buy
12
Hold
1
Sell
1
Strong sell
0
  • August 4, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
  • July 21, 2026 · Raymond James: Upgrades rating (Market Perform → Outperform)
  • July 21, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • June 23, 2026 · Telsey Advisory Group: Maintains rating (Outperform → Outperform)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%

Technicals

Evidence

Price when the context was analyzed
380.69
Average true range (ATR)
2.9%
Distance to 52-week high
-7.8%
14-day change (14d)
-1.6%
30-day change (30d)
-4.0%
30-day relative strength
-6.5%
SPY change (30d)
+2.5%
Nearest support
379.65
Distance to nearest support
0.3%
Nearest resistance
383.29
Distance to nearest resistance
0.7%
Volume accumulation ratio (14d / 46d)
0.71
  • Mid: 379.65 (0.3% away, 0.09 ATR, 18 touches)
  • Mid: 377.18 (0.9% away, 0.32 ATR, 20 touches)
  • Major: 373.35 (1.9% away, 0.67 ATR, 28 touches)
  • Mid: 383.29 (0.7% away, 0.24 ATR, 13 touches)
  • Mid: 387.33 (1.8% away, 0.61 ATR, 28 touches)
  • Mid: 392.53 (3.1% away, 1.08 ATR, 15 touches)

Trends

Evidence

Average earnings surprise
+8.7%
  • May 21, 2026: actual EPS 2.8 vs estimate 2.54 (surprise +10.1%)
  • February 5, 2026: actual EPS 6.22 vs estimate 5.81 (surprise +7.1%)
  • November 6, 2025: actual EPS 3.79 vs estimate 3.45 (surprise +9.9%)
  • August 7, 2025: actual EPS 3.77 vs estimate 3.5 (surprise +7.8%)

Expected move

Implied move
+3.0%
Source
Options chain

Reactions over its last 20 earnings

Median move
4.6%
75th percentile move
6.4%
90th percentile move
10.2%
Up / down moves
13 / 7
Average up move
+5.9%
Average down move
-4.9%

Monitoring and close

What Ralph Lauren Corporation reported

Status
Finished
Actual EPS4.59
EPS estimate4.32
EPS surprise+6.3%
Revenue$1,960 million
Revenue estimate$1,867 million
Revenue surprise+5.0%

Ralph Lauren beats Q1 expectations, driven by Asia. The company raises its full-year outlook and plans to cut off-price sales and exit lower-tier stores. Needham maintains Buy with a $450 price target.

Sources (15)

Pre-market second reading after the results

Verdict
Beat expectations

Heading into the open, results beat expectations on both earnings and revenue, and the price is indicating -0.3% pre-market, a move below the stock's usual reaction (about 5%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.

How the stock reacted

Outcome
Accurate
Consolidated
+4.2%
Max favorable move (MFE)
8%
Max adverse move (MAE)
2.3%