RL · 8-K · 20260806PR053896

Headcount / Restructuring

RALPH LAUREN CORP · 2026-08-06 · Importance 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 restructuring-plan charges, and $1.0 million of cease-use rent and occupancy expenses. Restructuring-plan charges related to severance and benefit costs, while cease-use expenses related to previously exited real estate locations. Fiscal 2027 guidance excludes potential future restructuring-related and other net charges.