RL · 8-K · 20260806PR053896

Supply Chain Tariff Impact

RALPH LAUREN CORP · 2026-08-06 · Importance 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 favorable channel and geographic mix more than offset the pressure. Management expects a lower prevailing tariff rate to support stronger gross- and operating-margin expansion in the first half of Fiscal 2027, while its outlook incorporates tariffs and global supply-chain disruptions.