RL · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
RALPH LAUREN CORP · 2026-08-06 · Importance 54 · Surprise 40 · In source text
Net revenues increased 14.0% year over year to $1.960 billion, with growth across North America, Europe, and Asia. North America retail comparable sales rose $42.0 million, supported by high-teens average unit retail growth and higher traffic, while wholesale benefited from strong selling trends, replenishment orders, resumed shipments to a luxury wholesale account, and favorable shipment timing. Asia was the strongest region, with revenue up 24.3% reported and 25.3% in constant currency, driven by $88.3 million of comparable-store sales growth and mid-teens AUR growth and higher traffic. Europe revenue increased 7.2% reported and 4.6% in constant currency, with wholesale growth and low-single-digit AUR growth in retail.
Key facts
- Asia net revenues increased by $115.3 million, or 24.3%, to $589.3 million during the three months ended June 27, 2026, inclusive of an unfavorable foreign currency effect of $4.8 million. source
- North America net revenues increased by $84.1 million, or 12.8%, to $740.3 million during the three months ended June 27, 2026, with $42.2 million attributable to North America retail and $41.9 million attributable to North America wholesale. source
- Europe net revenues increased by $39.9 million, or 7.2%, to $594.4 million during the three months ended June 27, 2026, including a $30.8 million increase in Europe wholesale and a $9.1 million increase in Europe retail. source
- Net revenues for the three months ended June 27, 2026: $1.960 billion. source
- Total net revenues by segment for the three months ended June 27, 2026: North America $740.3 million; Europe $594.4 million; Asia $589.3 million; Other non-reportable segments $35.8 million; Total $1,959.8 million. source
- Net revenues for the three months ended June 28, 2025: $1.719 billion. source
- Approximately 59% of Fiscal 2026 net revenues were earned outside of the U.S. source
- The company organizes its business into three reportable segments: North America representing approximately 41% of Fiscal 2026 net revenues, Europe representing approximately 31% of Fiscal 2026 net revenues, and Asia representing approximately 26% of Fiscal 2026 net revenues. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +5.9% | Asia net revenues increased by $115.3 million, or 24.3%, to $589.3 million during the three months ended June 27, 2026, inclusive of an… |
| revenue | positive | realized | +4.3% | North America net revenues increased by $84.1 million, or 12.8%, to $740.3 million during the three months ended June 27, 2026, with $42.2… |
| revenue | positive | realized | +2.0% | Europe net revenues increased by $39.9 million, or 7.2%, to $594.4 million during the three months ended June 27, 2026, including a $30.8… |
| revenue | positive | realized | — | Total net revenues by segment for the three months ended June 27, 2026: North America $740.3 million; Europe $594.4 million; Asia $589.3… |