1502 ET - It's not too late to buy Ralph Lauren stock, according to Bank of America in a note. The strong fourth-quarter performance by the clothing and apparel company -- adjusted earnings and revenue both beat Wall Street estimates -- indicates that the brand's momentum will continue, analysts say. The company is benefiting from success in its "high-potential categories," including women's apparel, outerwear and handbags. Growth in that division outpaced the total company with 20% growth for the quarter and year, analysts say. The brand is also becoming more popular among Chinese buyers: revenue rose 31% in Asia, with growth in China driven by Lunar New Year sales. (chris.kuo@wsj.com)
(END) Dow Jones Newswires
May 22, 2026 15:02 ET (19:02 GMT)
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