| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 2.4K | 19.7% | 12.3% |
| Total Income | 2.4K | 19.7% | 12.3% |
| Expenditure | 1.9K | 9.6% | 10.3% |
| PBT | 463.80 | 91.0% | 20.9% |
| Net Profit | 361.60 | 74.3% | 21.6% |
| OPM | 19.59% | 7.37pp | 1.41pp |
| NPM | 15.03% | 4.71pp | 1.15pp |
| EPS | 5.91 | 74.3% | 24.2% |
Ralph Lauren Reports Strong Q3 FY26 Holiday Results, Raises Outlook
04 May 2026 · 4 May, 1:23 am
Summary
Ralph Lauren Corporation reported a strong third quarter for Fiscal Year 2026, with revenue increasing by 12% to $2.4 billion. Earnings per diluted share rose by 25% to $5.82 on a reported basis. The company's performance was driven by healthy demand across geographies and consumer segments. Management raised the full year fiscal 2026 constant currency revenue and operating margin expansion outlook, reflecting stronger than anticipated performance year-to-date.
Key Highlights
- 1
Third quarter revenue increased by 12% on a reported basis to $2.4 billion and 10% in constant currency, exceeding expectations.
- 2
Global Direct-to-Consumer comparable store sales grew high-single-digits, driven by balanced growth across stores and digital channels.
- 3
Adjusted gross and operating margin expansion were ahead of outlook, with strong full-price sales and expense leverage.
- 4
The company maintained a strong balance sheet with $2.3 billion in cash and short-term investments at quarter-end.
- 5
Approximately $500 million was returned to shareholders through dividends and repurchase of Class A common stock year-to-date.
- 6
The full year fiscal 2026 constant currency revenue and operating margin expansion outlook was raised, reflecting stronger than anticipated performance year-to-date.
- 7
Earnings per diluted share of $5.82, up 25% to prior year on a reported basis and $6.22, up 29% on an adjusted basis.
Management Comments
Ralph Lauren
"Our Holiday collection was inspired by the rugged landscapes of the American West, which have long-been both a place of refuge and inspiration for me," said Ralph Lauren, Executive Chairman and Chief Creative Officer. "They reflect connections to the land, to family, and to each other -- and as we start a new year with renewed optimism, they are a fitting reminder to dream big and find the space to become who you are."
Patrice Louvet
"This holiday season, our teams delivered strong, high-quality growth across geographies and consumer segments, enabling accelerated investment in our long-term strategic priorities and brand elevation," said Patrice Louvet, President and Chief Executive Officer. "In a dynamic operating environment, our Next Great Chapter: Drive strategy -- supported by multiple growth drivers, the enduring and emotional power of our brand, and strong operational discipline -- positions us well to continue to deliver sustainable growth and long-term value creation."
Informational and educational content only. Not investment advice.