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Valued at a market cap of $17.2 billion, Ralph Lauren Corporation (RL) is a globally renowned lifestyle and fashion brand. Headquartered in New York, it designs, markets, and distributes premium products across five core categories: apparel, footwear & accessories, home furnishings, fragrances, and hospitality, including luxury restaurants like Polo Bar and Ralph’s in Paris.
The luxury fashion behemoth is expected to release its Q1 earnings on Wednesday, Aug. 6. Ahead of this event, analysts expect RL to post adjusted earnings of $3.40 per share, representing a growth of 25.9% from $2.70 per share reported in the same quarter last year. The company has surpassed the Street's bottom-line estimates in the past four quarters.