Ralph Lauren Corp. reported another quarter of robust growth, but cautioned it wasn’t sure how US consumers would respond to tariffs and price hikes in the second half of the year.

Fashion brand Ralph Lauren has reported that its financial performance in the first quarter (Q1) of the fiscal year 2026 (FY26) exceeded expectations with a 14% increase in net revenue to $1.7bn. Favourable foreign currency supported the revenue growth by 230 basis points.

Ralph Lauren’s fiscal first-quarter net income rose sharply and the designer label boosted its sales projection for the fiscal year as consumers paid up for its clothes and accessories in many parts of the world,