RL · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
RALPH LAUREN CORP · 2026-11-05 · Importance 37 · Surprise 14 · In source text
For the three months ended September 26, 2026, net revenues rose 9.1% to $2.193 billion, or 9.6% in constant currency, with unfavorable foreign exchange effects of $9.5 million. North America revenue increased 6.4% to $885.6 million, Europe increased 1.1% to $696.0 million, and Asia increased 28.2% to $571.3 million. Asia’s increase was led by $122.8 million of retail growth, including $85.5 million from comparable store sales and $36.9 million from non-comparable store sales; comparable growth reflected higher traffic and low-double-digit AUR growth. North America gained $28.5 million in retail revenue, driven primarily by high-single-digit AUR growth, and $24.7 million in wholesale revenue, while Europe wholesale rose $10.0 million and Europe retail declined $2.3 million.
Key facts
- For the six months ended September 26, 2026, net revenues were $4.153 billion, up $423.3 million or 11.3% from the prior-year period, including $0.5 million of favorable foreign currency effects; constant-currency revenue increased $422.8 million or 11.3%. source
- Asia six-month revenue increased $241.0 million, or 26.2%; constant-currency revenue increased $245.1 million, or 26.7%. source
- Asia revenue increased $125.7 million, or 28.2%; constant-currency growth was $125.0 million, or 28.1%. source
- Revenue grew 9.1% and 11.3% on a reported basis, and 9.6% and 11.3% on a constant-currency basis, in the three- and six-month periods ended September 26, 2026, respectively. source
- Quarterly net revenues increased $182.6 million, or 9.1%, to $2.193 billion; constant-currency growth was $192.1 million, or 9.6%, and unfavorable foreign exchange effects were $9.5 million. source
- Asia retail revenue increased $239.6 million, including $4.6 million of unfavorable foreign currency effects; constant-currency revenue increased $244.2 million, comprising $173.8 million in comparable-store sales and $70.4 million in non-comparable-store sales. source
- Asia retail revenue increased $122.8 million, including $0.4 million of favorable foreign currency effects; constant-currency growth was $122.4 million. source
- Asia retail constant-currency growth included $85.5 million of comparable-store-sales growth and $36.9 million of non-comparable-store-sales growth. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +19.3% | For the six months ended September 26, 2026, net revenues were $4.153 billion, up $423.3 million or 11.3% from the prior-year period,… |
| revenue | positive | realized | +5.7% | Asia revenue increased $125.7 million, or 28.2%; constant-currency growth was $125.0 million, or 28.1%. |
| revenue | positive | realized | — | Revenue grew 9.1% and 11.3% on a reported basis, and 9.6% and 11.3% on a constant-currency basis, in the three- and six-month periods… |