Consumer
Ralph Lauren Expects Robust Growth to Slow Amid Weakness in US
The Ralph Lauren store in New York.
Photographer: Bing Guan/BloombergRalph Lauren Corp. expects its strong revenue growth to ease in the latter part of the year, striking a cautious note on US consumer spending.
The apparel company forecast revenue, excluding currency changes, to increase at a low-single-digit percentage in the fiscal year that’s expected to end in March 2026. Analysts on average projected about a 4% gain.