RL · 10-Q · 2026Q2 · Full report

Operating Cash Flow Trends

RALPH LAUREN CORP · 2026-08-06 · Importance 69 · Surprise 64 · In source text

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 changes in operating assets and liabilities and higher net income before non-cash charges. Working capital benefited primarily from lower inventory levels compared with the prior year. The prior-year inventory balance had been elevated by North American tariff impacts and earlier delivery timing in Europe.

Key facts

• Net cash provided by operating activities for the three months ended June 27, 2026: $339.3 million, compared to $176.1 million for the three months ended June 28, 2025. source
• Net cash provided by operating activities for three months ended June 27, 2026: $339.3 million; for three months ended June 28, 2025: $176.1 million; change: $163.2 million. source
• Operating cash flows (net cash provided by operating activities) for the three months ended June 27, 2026: $339.3 million. source
• The $163.2 million net increase in cash provided by operating activities was due to a net favorable change related to operating assets and liabilities including working capital and an increase in net income before non-cash charges. source
• The company generated $339.3 million of net cash flows from operations during the three months ended June 27, 2026. source
• The net increase in cash provided by operating activities was primarily due to a net favorable change related to lower inventory levels and an increase in net income before non-cash charges. source

Impact estimates