As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the apparel and accessories industry, including Ralph Lauren (NYSE:RL) and its peers.

Thanks to social media and the internet, not only are styles changing more frequently today than in decades past but also consumers are shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel and accessories companies have made concerted efforts to adapt while those who are slower to move may fall behind.

The 17 apparel and accessories stocks we track reported a mixed Q3. As a group, revenues along with next quarter’s revenue guidance were in line with analysts’ consensus estimates.

Thankfully, share prices of the companies have been resilient as they are up 8.4% on average since the latest earnings results.

Ralph Lauren (NYSE:RL)

Originally founded as a necktie company, Ralph Lauren (NYSE:RL) is an iconic American fashion brand known for its classic and sophisticated style.

Ralph Lauren reported revenues of $1.73 billion, up 5.7% year on year. This print exceeded analysts’ expectations by 2.7%. Overall, it was a strong quarter for the company with a solid beat of analysts’ constant currency revenue estimates and a decent beat of analysts’ EPS estimates.

"Our teams are executing well on our long-term strategy, injecting energy and excitement behind our storied brand through what continues to be a choppy global operating environment," said Patrice Louvet, President and Chief Executive Officer.

Interestingly, the stock is up 7.3% since reporting and currently trades at $223.50.

Is now the time to buy Ralph Lauren? Access our full analysis of the earnings results here, it’s free.

Best Q3: Stitch Fix (NASDAQ:SFIX)

One of the original subscription box companies, Stitch Fix (NASDAQ:SFIX) is an online personal styling and fashion service that curates personalized clothing selections for customers.

Stitch Fix reported revenues of $318.8 million, down 12.6% year on year, outperforming analysts’ expectations by 3.9%. The business had an exceptional quarter with EBITDA guidance for next quarter exceeding analysts’ expectations and an impressive beat of analysts’ EPS estimates.

Stitch Fix pulled off the biggest analyst estimates beat and highest full-year guidance raise among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 19.6% since reporting. It currently trades at $3.70.

Is now the time to buy Stitch Fix? Access our full analysis of the earnings results here, it’s free.

Weakest Q3: Figs (NYSE:FIGS)

Rising to fame via TikTok and founded in 2013 by Heather Hasson and Trina Spear, Figs (NYSE:FIGS) is a healthcare apparel company known for its stylish approach to medical attire and uniforms.

Figs reported revenues of $140.2 million, down 1.5% year on year, falling short of analysts’ expectations by 2.1%. It was a disappointing quarter as it posted a significant miss of analysts’ adjusted operating income estimates.

As expected, the stock is down 17.8% since the results and currently trades at $5.48.

Read our full analysis of Figs’s results here.

Columbia Sportswear (NASDAQ:COLM)

Originally founded as a hat store in 1938, Columbia Sportswear (NASDAQ:COLM) is a manufacturer of outerwear, sportswear, and footwear designed for outdoor enthusiasts.

Columbia Sportswear reported revenues of $931.8 million, down 5.5% year on year. This result missed analysts’ expectations by 0.6%. Zooming out, it was a mixed quarter as it also produced a solid beat of analysts’ EBITDA estimates but a miss of analysts’ constant currency revenue estimates.

The stock is up 16.9% since reporting and currently trades at $89.10.

Read our full, actionable report on Columbia Sportswear here, it’s free.

Movado (NYSE:MOV)

With its watches displayed in 20 museums around the world, Movado (NYSE:MOV) is a watchmaking company with a portfolio of watch brands and accessories.

Movado reported revenues of $182.7 million, down 2.6% year on year. This number came in 2.6% below analysts' expectations. Overall, it was a slower quarter as it also logged a significant miss of analysts’ EPS estimates.

The stock is down 6.2% since reporting and currently trades at $19.57.

Read our full, actionable report on Movado here, it’s free.

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