Ralph Lauren Fashion expects sales growth due to customs duties

Ralph Lauren expects growth in the second half of his financial year, which indicates that even the businesses whose sales had strong momentum await a negative impact due to customs duties. The fashion company suggests that turnover increases by less than 5%, without calculating the impact of exchange rate changes, during the financial year expected to end in March 2026. The average expectations of analysts were likely to rise by 4%. The shares of the company rose by about 3% in the opening of the trade on Thursday, while the 19% profit was recorded from the beginning of the year Wednesday, compared to the stability of the S&B 500 index without a significant change. This expectation shows that “Ralph Lauren” is careful about the way of the economy, despite its superiority to many other brands in recent seasons. The company expects 7% and 10% in the current quarter.