Ralph Lauren Corporation shares fell 5.2% on February 23, 2026. According to Wall Street Journal reporting, shares of U.S. retailers dependent on international trade declined on Monday following an announcement by President Trump over the weekend to increase the global tariff rate to 15%, up from the 10% he announced on Friday. The tariff increase came after a Supreme Court ruling that struck down his broader levies the previous week. Ralph Lauren was among the trade-vulnerable retailers listed in coverage of the stock decline. Additionally, the luxury sector faced headwinds including slower-than-expected recovery in Chinese demand, currency impacts from a strong euro, and cautious outlooks from major luxury companies regarding 2026 performance.
Read full analysisRalph Lauren Corporation shares fell 5.2% on February 23, 2026. According to Wall Street Journal reporting, shares of U.S. retailers dependent on international trade declined on Monday following an announcement by President Trump over the weekend to increase the global tariff rate to 15%, up from the 10% he announced on Friday. The tariff increase came after a Supreme Court ruling that struck down his broader levies the previous week. Ralph Lauren was among the trade-vulnerable retailers listed in coverage of the stock decline. Additionally, the luxury sector faced headwinds including slower-than-expected recovery in Chinese demand, currency impacts from a strong euro, and cautious outlooks from major luxury companies regarding 2026 performance.
Ralph Lauren is a global luxury fashion house known for its Polo brand, selling apparel, accessories, and home goods through department stores, its own retail locations, and e-commerce. The company reported a strong fiscal Q3 with $6.22 adjusted EPS versus $5.80 expected and raised its full-year outlook, triggering multiple analyst price target increases. Its heavy reliance on international sourcing makes it acutely sensitive to U.S. trade policy shifts, which is the central driver of the current two-day selloff following the new 15% global tariff announcement.