Story perspectives
Ralph Lauren Plans Price Hikes Amid Tariff Pressures
5/23/2025
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Story summary
- Ralph Lauren anticipates modest annual sales growth due to tariff pressures on consumer spending.
- The company exceeded fourth-quarter revenue and profit expectations, resulting in a 2% share increase.
- CEO Patrice Louvet plans price hikes to mitigate tariff effects.
- Analysts forecast a 4.39% revenue increase for fiscal 2026 amid trade tensions.
- Ralph Lauren sources 96% of its products internationally, with China as a significant market.
