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Luxury Retailers' Earnings Top Views As Affluent Consumers Keep Splurging

Yahoo Finance · May 21, 2026, 4:48 PM

Ralph Lauren (RL) and Williams-Sonoma (WSM) reported better-than-expected quarterly results Thursday, in another sign that affluent consumers remain insulated from higher prices. RL stock gapped up sharply, while WSM rose moderately. Ralph Lauren sales in the March-ended quarter climbed 17% year over year to $1.978 billion, or 12% after removing currency factors. Comparable sales jumped 17%, well above estimates for…

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Luxury Retailers' Earnings Top Views As Affluent Consumers Keep Splurging

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