Quarterly ResultAug 6, 2026, 08:13 AM
Ralph Lauren Q1 Revenue +14% to $2.0B; Adj. EPS $4.59; Raises FY27 Outlook
AI Summary
Ralph Lauren Corporation reported better-than-expected first-quarter Fiscal 2027 results, with revenue increasing 14% to $2.0 billion and adjusted diluted EPS rising 22% to $4.59. The strong performance was driven by broad-based growth across geographies, particularly Asia and North America, and channels, with global direct-to-consumer comparable store sales up low-double-digits. The company also raised its full-year Fiscal 2027 constant currency revenue and adjusted operating margin expansion outlook, reflecting the strong start to the year and continued strategic execution.
Key Highlights
- Revenue increased 14% to $2.0 billion on a reported basis.
- Adjusted diluted EPS was $4.59, up 22% from prior year.
- Adjusted gross margin expanded by 140 basis points to 73.7%.
- Adjusted operating margin expanded by 170 basis points to 18.7%.
- Asia revenue grew 24% reported and 25% in constant currency, led by China (+40%).
- North America revenue increased 13% on a reported basis.
- Returned over $300 million to shareholders through dividends and share repurchases.
- Raised full-year Fiscal 2027 constant currency revenue outlook to ~5-6% increase and adjusted operating margin expansion to ~60-80 basis points.
Price Impact
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