RALPH LAUREN CORP

Ralph Lauren reported strong first-quarter results with net revenues increasing 14% year-over-year to $1.96 billion. Net income rose 19% to $262.2 million, and diluted EPS grew 21.6% to $4.28. The company also increased its quarterly dividend by 9.6% to $1.00 per share.

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.

Ralph Lauren Corporation has filed its Definitive Proxy Statement for the 2026 Annual Meeting of Stockholders, scheduled for July 30, 2026, to be held virtually. The meeting will cover the election of directors, ratification of auditors, and an advisory vote on executive compensation. The company highlighted strong performance in Fiscal 2026, exceeding expectations with growth in revenue and adjusted operating income, driven by its 'Next Great Chapter: Drive' strategy. Key growth areas included Asia, Europe, and North America, with significant outperformance in total shareholder return. The company also emphasized its commitment to employees and returned substantial capital to shareholders.

Ralph Lauren is undertaking a multi-year global Next Generation Transformation (NGT) project, initiated in Fiscal 2024, to redesign processes and implement new technology systems. This project incurred charges of $83.9 million in Fiscal 2026, $25.2 million in Fiscal 2025, and $5.1 million in Fiscal 2024, recorded as restructuring and other charges. The company's business is diversified across North America (41% of FY26 net revenues), Europe (31%), and Asia (26%), and it operates 594 retail stores and 644 concession-based shop-within-shops worldwide. Ralph Lauren also introduced a 3-year long-term growth strategy for Fiscal 2026 to Fiscal 2028 and continues its Global Citizenship & Sustainability efforts.

Ralph Lauren Corporation reported strong fourth quarter and full year fiscal 2026 results, exceeding expectations. Fourth quarter revenue rose 17% to $2.0 billion, with full year revenue reaching $8.1 billion, up 15%. The company also announced a 10% increase in its quarterly cash dividend to $1.00 per share and provided a positive initial outlook for fiscal 2027, projecting mid-single-digit revenue growth and continued operating margin expansion.