RL · Other

RALPH LAUREN CORP

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

10-Q · 2026-08-06

• Operating Cash Flow TrendsImportance 69 · Surprise 64
  Net cash provided by operating activities increased $163.2 million, or 92.7%, to $339.3 million for the three months ended June 27, 2026, from $176.1 million in the prior-year period. The increase reflected favorable…
• Capital Return ProgramImportance 64 · Surprise 42
  Ralph Lauren used $325.1 million for Class A common stock repurchases during the three months ended June 27, 2026, including $75.1 million of shares withheld to satisfy taxes on vested stock-based compensation awards.…
• Supplier Finance ProgramImportance 63 · Surprise 64
  Outstanding obligations under the voluntary supplier finance program increased $96.3 million, or 56.0%, to $268.4 million as of June 27, 2026, from $172.1 million at March 28, 2026. The program allows inventory…
• Headcount / RestructuringImportance 61 · Surprise 66
  Restructuring and other charges increased $5.5 million, or 28.7%, to $24.8 million for the quarter ended June 27, 2026. The charges included $3.0 million of severance and benefits costs and $20.8 million for the Next…
• Operating Income and MarginsImportance 59 · Surprise 48
  Operating income increased $68.8 million, or 25.2%, to $342.4 million, and operating margin expanded 160 basis points to 17.5% for the quarter ended June 27, 2026. North America operating margin increased 240 basis…
• Gross Margin DriversImportance 54 · Surprise 40
  Gross profit increased $201.9 million, or 16.2%, to $1.444 billion in the quarter ended June 27, 2026. Gross margin expanded 140 basis points to 73.7%, including approximately 10 basis points from favorable foreign…
• Operating Expense TrendsImportance 54 · Surprise 40
  SG&A increased $127.6 million, or 13.4%, to $1.077 billion for the three months ended June 27, 2026, including $4.4 million of unfavorable foreign currency effects. SG&A declined 20 basis points as a percentage of…
• Liquidity and Cash PositionImportance 54 · Surprise 40
  Cash and cash equivalents declined $269.0 million to $1.719 billion as of June 27, 2026, while short-term investments increased $145.6 million to $222.6 million. Net cash and short-term investments decreased $123.9…
• Revenue Performance and MixImportance 54 · Surprise 40
  Net revenues increased 14.0% year over year to $1.960 billion, with growth across North America, Europe, and Asia. North America retail comparable sales rose $42.0 million, supported by high-teens average unit retail…
• Income Tax Rate ChangesImportance 52 · Surprise 56
  The income tax provision increased $22.4 million, or 39.0%, to $80.0 million for the three months ended June 27, 2026. The effective tax rate increased 270 basis points to 23.4% from 20.7%, driven by higher pretax…
• Capital ExpendituresImportance 51 · Surprise 64
  Capital expenditures decreased $133.9 million, or 71.4%, to $53.4 million for the three months ended June 27, 2026, from $187.3 million in the prior-year period. The current-period spending represented the primary use…
• Dividend IncreaseImportance 51 · Surprise 50
  The company paid $54.8 million of dividends during the three months ended June 27, 2026. On May 14, 2026, the Board increased the quarterly common-stock dividend from $0.9125 to $1.00 per share. Ralph Lauren has…
• Outstanding IndebtednessImportance 49 · Surprise 6
  Long-term debt was substantially unchanged at $1.239 billion as of June 27, 2026, compared with $1.239 billion at March 28, 2026. The debt consisted primarily of $750 million of 2.950% senior notes due June 15, 2030…
• Trade Policy and TariffsImportance 47 · Surprise 60
  In February 2026, the U.S. Supreme Court invalidated IEEPA tariffs previously applied to Ralph Lauren’s foreign imports, while the U.S. subsequently announced additional tariffs under other trade authorities. The U.S.…
• Revolving Credit FacilityImportance 43 · Surprise 6
  Ralph Lauren maintained a $750 million senior unsecured revolving Global Credit Facility through June 30, 2028. The facility supports working capital, capital expenditures, investments, acquisitions, letters of credit,…
• Strategic Transformation ProjectImportance 34 · Surprise 42
  The multi-year Next Generation Transformation project is redesigning end-to-end processes and implementing global technology systems to support Ralph Lauren's direct-to-consumer strategy. Current workstreams include…
• Supply Chain DiversificationImportance 29 · Surprise 24
  Ralph Lauren states that it has proactively diversified its supply chain geographically. Management expects to mitigate cost pressure through disciplined inventory management, supplier negotiations, changes in country…
• FX / Currency HeadwindsImportance 20 · Surprise 24
  Foreign-currency effects increased reported first-quarter net revenue by $10.0 million and gross profit by $8.9 million for the three months ended June 27, 2026. Europe revenue included a favorable $14.7 million…
• Supply Chain ConstraintsImportance 17 · Surprise 24
  Inventory levels decreased year over year, improving operating working capital. The prior-year inventory balance was elevated by tariff impacts in North America and the earlier timing of deliveries in Europe. The…
• Distribution ChannelsImportance 10 · Surprise 6
  Ralph Lauren sells directly through retail stores, outlet stores, concession-based shop-within-shops, digital commerce sites, and Polo mobile apps in the U.S. and Canada. It also sells through department stores,…
• Competition and Pricing PressureImportance 10 · Surprise 6
  Ralph Lauren describes the retail environment as competitive and uncertain, with retailers in the U.S. and Europe using promotions to drive traffic and conversion while reducing elevated inventory levels. The…
• Macroeconomic Factors ImpactImportance 10 · Surprise 6
  Ralph Lauren reported that inflationary pressures, relatively elevated interest rates, foreign-currency volatility, and organized labor disputes continued to affect discretionary income, consumer spending, and…

8-K · 2026-08-06

• Guidance / OutlookImportance 74 · Surprise 68
  Ralph Lauren raised its Fiscal 2027 constant-currency revenue outlook after stronger-than-expected first-quarter results. Revenue is now expected to increase approximately mid-single digits, centered around 5% to 6%,…
• Capital ExpendituresImportance 67 · Surprise 64
  First-quarter capital expenditures were $53.4 million, down from $187.3 million in the prior-year period. The company continues to expect Fiscal 2027 capital expenditures of approximately 4% to 5% of revenue. Based on…
• Geographic Market CommentaryImportance 64 · Surprise 56
  Asia was the strongest reported geography, with revenue increasing 24% and constant-currency revenue increasing 25%. China revenue grew more than 40%, while Asia comparable store sales increased 23%, including 32%…
• Segment Revenue PerformanceImportance 59 · Surprise 48
  North America revenue increased 13% to $740.3 million, including 9% comparable-store growth and 22% wholesale growth. Europe revenue increased 7% to $594.4 million, or 5% in constant currency, with retail…
• Operating Income and MarginsImportance 59 · Surprise 48
  Reported operating income increased to $342.4 million from $273.6 million, while adjusted operating income rose to $365.9 million from $292.9 million. Reported operating margin improved to 17.5% from 15.9%, and…
• Headcount / RestructuringImportance 55 · Surprise 66
  Restructuring and other charges increased to $24.8 million from $19.3 million, a 28% year-over-year increase. The charges included $20.8 million for the Next Generation Transformation project, $3.0 million of…
• Revenue Performance and MixImportance 54 · Surprise 40
  First-quarter Fiscal 2027 net revenue increased 14% year over year to $1,959.8 million, or 13% in constant currency, with foreign currency contributing approximately 60 basis points. Retail revenue increased to…
• Gross Margin DriversImportance 54 · Surprise 40
  First-quarter gross profit increased to $1,444.2 million from $1,242.3 million. Gross margin expanded 140 basis points year over year to 73.7%, or 73.6% in constant currency. AUR growth and favorable channel and…
• Liquidity and Debt PositionImportance 54 · Surprise 40
  At June 27, 2026, Ralph Lauren held $1,941.6 million of cash and short-term investments, including $1,719.0 million of cash and cash equivalents and $222.6 million of short-term investments. Total debt was…
• Market Demand TrendsImportance 54 · Surprise 40
  Ralph Lauren reported broad-based first-quarter demand across geographies, channels, and consumer segments, with total revenue increasing 14% on a reported basis and 13% in constant currency. Global direct-to-consumer…
• Operating Expense TrendsImportance 48 · Surprise 40
  Reported total operating expenses increased 14% to $1,101.8 million from $968.7 million, while adjusted operating expenses increased to approximately $1.1 billion. Adjusted operating expense rate improved to 55.0% from…
• Distribution ChannelsImportance 48 · Surprise 40
  Direct-to-consumer comparable store sales increased low-double-digits globally, driven by both digital and brick-and-mortar channels. North America retail comparable sales increased 9%, with brick-and-mortar up 10% and…
• Income Tax Rate ChangesImportance 46 · Surprise 56
  The reported and adjusted effective tax rate increased to approximately 23% in the first quarter of Fiscal 2027 from approximately 21% in the prior-year period. Reported income tax provision increased to $80.0 million…
• Supply Chain and InventoryImportance 43 · Surprise 32
  Inventory at quarter-end was $1.2 billion, down 5% from the prior-year period and described by the company as well-positioned to global demand. The company said strong full-price demand and lower-than-planned…
• Products and TechnologyImportance 38 · Surprise 48
  Product momentum included Ralph Lauren's Spring '26 collections, the Wimbledon capsule, and new Home collections Sterling Square and Saddlebrook. The company highlighted women's breezy, sophisticated silhouettes and…
• Capital Return ProgramImportance 37 · Surprise 6
  The company returned more than $300 million to shareholders through dividends and Class A common-stock repurchases during the first quarter. It repurchased approximately $250 million of Class A common stock in the…
• Store Count and ExpansionImportance 36 · Surprise 32
  Ralph Lauren opened 22 new owned and partnered stores during the first quarter. Key openings included The Grove in Los Angeles, Stanford Shopping Center in Palo Alto, Istanbul, and new Polo stores in Sydney and Perth.…
• FX / Currency HeadwindsImportance 32 · Surprise 24
  Foreign currency benefited first-quarter reported revenue growth by approximately 60 basis points. For Fiscal 2027, management expects foreign currency to reduce revenue growth by approximately 50 to 100 basis points…
• Acquisition / Partnership / DivestitureImportance 31 · Surprise 42
  Ralph Lauren expanded its key city ecosystem by opening 22 new owned and partnered stores in the first quarter of Fiscal 2027. Openings included locations in Los Angeles and Palo Alto, California; Istanbul, Turkey; and…
• Supply Chain Tariff ImpactImportance 23 · Surprise 24
  Ralph Lauren reported incremental pressure from tariffs and other product costs in the first quarter of Fiscal 2027. Gross-margin expansion nevertheless exceeded expectations because higher average unit retail and…
• Macroeconomic Consumer PressureImportance 17 · Surprise 24
  Management stated that its Fiscal 2027 and second-quarter outlook reflects the current geopolitical and macroeconomic environment, including inflationary pressures and consumer-spending-related headwinds. The outlook…

News · 2026-08-06

• Guidance / OutlookImportance 57 · Surprise 60
  Management raised its fiscal 2027 revenue-growth outlook to approximately 5%–6% following stronger-than-expected first-quarter demand. The updated outlook reflects brand momentum, increased full-price selling,…
• Revenue Performance and MixImportance 42 · Surprise 40
  Ralph Lauren reported first-quarter fiscal 2027 revenue of $1.96 billion, up 14% year over year. Constant-currency revenue increased 13%, with growth across Asia, North America, and Europe. Demand was strongest for…
• Net Income and EPS PerformanceImportance 35 · Surprise 48
  Adjusted diluted EPS was $4.59 in fiscal first quarter 2027, compared with $3.77 a year earlier, representing a 22% increase. EPS exceeded the Zacks consensus estimate of $4.30 by $0.29 per share. The earnings…
• Geographic Market CommentaryImportance 27 · Surprise 40
  Asia was identified as a key growth driver for Ralph Lauren in fiscal Q1 2027. Third-party reporting also cited strong performance across North America and Europe, indicating geographically broad momentum. The reported…
• Gross Margin DriversImportance 26 · Surprise 24
  Gross margin expanded to 73.7% in the first quarter of fiscal 2027. Adjusted operating margin widened to 18.7%, reflecting improved operational efficiency. Margin gains were driven by higher full-price selling,…
• Distribution ChannelsImportance 22 · Surprise 24
  Direct-to-consumer comparable store sales were reported as a contributor to Ralph Lauren’s quarterly performance. The company’s brand strategy includes expanding its core business and winning in key global markets,…
• Market Demand TrendsImportance 17 · Surprise 24
  Ralph Lauren reported strong demand from young and affluent shoppers for high-priced collections. Demand was described as broad-based globally, with growth across Asia, North America, and Europe. Full-price selling…
• Supply Chain ConstraintsImportance 17 · Surprise 24
  Ralph Lauren was reported to have maintained disciplined inventory management during the quarter. This inventory discipline supported strong full-price selling and helped the company manage operating conditions…