RL · 8-K · 20260806PR053896

FX / Currency Headwinds

RALPH LAUREN CORP · 2026-08-06 · Importance 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 based on current exchange rates. For the second quarter, the expected revenue headwind is approximately 100 to 150 basis points, while currency is expected to have a roughly neutral impact on gross and operating margins for both periods.

Key facts

• Based on current exchange rates, foreign currency is expected to negatively impact Fiscal 2027 revenue growth by approximately 50 to 100 basis points. source
• Foreign currency benefited revenue growth by approximately 60 basis points in the first quarter. source
• Foreign currency benefited operating margin rate by 40 basis points in Europe and 10 basis points in Asia in the first quarter. source