RL · 8-K · 20261105PR070619
Guidance / Outlook
RALPH LAUREN CORP · 2026-11-05 · Importance 84 · Surprise 84 · No source text
For Fiscal 2027, Ralph Lauren raised its constant-currency revenue growth outlook to mid- to high-single digits, centered on 6% to 7%, from its prior 5% to 6% range. It expects constant-currency operating-margin expansion of approximately 80 to 100 basis points, an increase from its prior outlook, with margin expansion expected to be stronger in the first half. For the third quarter, it expects constant-currency revenue growth of approximately 3% to 4% and operating-margin expansion of approximately 50 to 70 basis points. Fiscal 2027 capital expenditures are still expected to be approximately 4% to 5% of revenue.
Key facts
- RALPH LAUREN CORP expects third-quarter revenue growth of low- to mid-single digits in constant currency, centered around 3% to 4%. source
- RALPH LAUREN CORP expects Fiscal 2027 operating margin to expand approximately 80 to 100 basis points in constant currency, raised from its prior outlook, primarily due to gross margin expansion. source
- RALPH LAUREN CORP expects third-quarter operating margin to expand approximately 50 to 70 basis points in constant currency, with gross margin expansion more than offsetting higher holiday-period marketing investments. source
- RALPH LAUREN CORP expects Fiscal 2027 constant-currency revenue growth of mid- to high-single digits, centered around 6% to 7%, raised from its prior 5% to 6% range. source
- RALPH LAUREN CORP's third-quarter revenue outlook includes approximately 1 point of negative impact from wholesale timing shifts and strategic off-price reductions. source
- RALPH LAUREN CORP's Fiscal 2027 is a 53-week year; the 53rd week is expected to add 1 point to revenue growth and slightly benefit full-year operating margin. source
- RALPH LAUREN CORP expects Fiscal 2027 gross and operating margin expansion to be stronger in the first half, largely due to marketing activation timing and previously disclosed wholesale shipment timing shifts. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +5.5% | RALPH LAUREN CORP expects Fiscal 2027 constant-currency revenue growth of mid- to high-single digits, centered around 6% to 7%, raised… |
| revenue | positive | committed | +3.0% | RALPH LAUREN CORP expects third-quarter revenue growth of low- to mid-single digits in constant currency, centered around 3% to 4%. |
| margin | positive | committed | +0.8% | RALPH LAUREN CORP expects Fiscal 2027 operating margin to expand approximately 80 to 100 basis points in constant currency, raised from… |
| margin | positive | committed | +0.5% | RALPH LAUREN CORP expects third-quarter operating margin to expand approximately 50 to 70 basis points in constant currency, with gross… |