Ralph Lauren FY1Q27 Preview: Solid Fundamentals, But Priced For Perfection

Ralph Lauren is rated hold as valuation approaches luxury peers, with shares up 9.5% YTD and trading at 19x forward earnings. Growth in Asia, particularly China, and women's apparel expansion are key drivers, but further evidence of sustainable execution is needed. Consensus estimates for the upcoming quarter are bullish, with $1.8bn revenue, $4.29 EPS, and a 73% gross margin expected. We remain constructive on RL’s long-term fundamentals but see risk-reward as balanced ahead of the next earnings print.

We are previewing Ralph Lauren’s ( RL ) upcoming FY1Q27 or CY2Q26 earnings, which are coming up next month. Heading into the print, the Street is largely bullish on the stock with an average target price