RL · 10-Q · 2026Q2

RALPH LAUREN CORP

Filed 2026-08-06 · Other · View original filing on EDGAR

Ranked Events

• Operating Cash Flow TrendsImportance 69 · Surprise 64
  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…
• Capital Return ProgramImportance 64 · Surprise 42
  Ralph Lauren used $325.1 million for Class A common stock repurchases during the three months ended June 27, 2026, including $75.1 million of shares withheld to satisfy taxes on vested stock-based compensation awards.…
• Supplier Finance ProgramImportance 63 · Surprise 64
  Outstanding obligations under the voluntary supplier finance program increased $96.3 million, or 56.0%, to $268.4 million as of June 27, 2026, from $172.1 million at March 28, 2026. The program allows inventory…
• Headcount / RestructuringImportance 61 · Surprise 66
  Restructuring and other charges increased $5.5 million, or 28.7%, to $24.8 million for the quarter ended June 27, 2026. The charges included $3.0 million of severance and benefits costs and $20.8 million for the Next…
• Operating Income and MarginsImportance 59 · Surprise 48
  Operating income increased $68.8 million, or 25.2%, to $342.4 million, and operating margin expanded 160 basis points to 17.5% for the quarter ended June 27, 2026. North America operating margin increased 240 basis…
• Revenue Performance and MixImportance 54 · Surprise 40
  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…
• Liquidity and Cash PositionImportance 54 · Surprise 40
  Cash and cash equivalents declined $269.0 million to $1.719 billion as of June 27, 2026, while short-term investments increased $145.6 million to $222.6 million. Net cash and short-term investments decreased $123.9…
• Operating Expense TrendsImportance 54 · Surprise 40
  SG&A increased $127.6 million, or 13.4%, to $1.077 billion for the three months ended June 27, 2026, including $4.4 million of unfavorable foreign currency effects. SG&A declined 20 basis points as a percentage of…
• Gross Margin DriversImportance 54 · Surprise 40
  Gross profit increased $201.9 million, or 16.2%, to $1.444 billion in the quarter ended June 27, 2026. Gross margin expanded 140 basis points to 73.7%, including approximately 10 basis points from favorable foreign…
• Income Tax Rate ChangesImportance 52 · Surprise 56
  The income tax provision increased $22.4 million, or 39.0%, to $80.0 million for the three months ended June 27, 2026. The effective tax rate increased 270 basis points to 23.4% from 20.7%, driven by higher pretax…
• Dividend IncreaseImportance 51 · Surprise 50
  The company paid $54.8 million of dividends during the three months ended June 27, 2026. On May 14, 2026, the Board increased the quarterly common-stock dividend from $0.9125 to $1.00 per share. Ralph Lauren has…
• Capital ExpendituresImportance 51 · Surprise 64
  Capital expenditures decreased $133.9 million, or 71.4%, to $53.4 million for the three months ended June 27, 2026, from $187.3 million in the prior-year period. The current-period spending represented the primary use…
• Outstanding IndebtednessImportance 49 · Surprise 6
  Long-term debt was substantially unchanged at $1.239 billion as of June 27, 2026, compared with $1.239 billion at March 28, 2026. The debt consisted primarily of $750 million of 2.950% senior notes due June 15, 2030…
• Trade Policy and TariffsImportance 47 · Surprise 60
  In February 2026, the U.S. Supreme Court invalidated IEEPA tariffs previously applied to Ralph Lauren’s foreign imports, while the U.S. subsequently announced additional tariffs under other trade authorities. The U.S.…
• Revolving Credit FacilityImportance 43 · Surprise 6
  Ralph Lauren maintained a $750 million senior unsecured revolving Global Credit Facility through June 30, 2028. The facility supports working capital, capital expenditures, investments, acquisitions, letters of credit,…
• Strategic Transformation ProjectImportance 34 · Surprise 42
  The multi-year Next Generation Transformation project is redesigning end-to-end processes and implementing global technology systems to support Ralph Lauren's direct-to-consumer strategy. Current workstreams include…
• Supply Chain DiversificationImportance 29 · Surprise 24
  Ralph Lauren states that it has proactively diversified its supply chain geographically. Management expects to mitigate cost pressure through disciplined inventory management, supplier negotiations, changes in country…
• FX / Currency HeadwindsImportance 20 · Surprise 24
  Foreign-currency effects increased reported first-quarter net revenue by $10.0 million and gross profit by $8.9 million for the three months ended June 27, 2026. Europe revenue included a favorable $14.7 million…
• Supply Chain ConstraintsImportance 17 · Surprise 24
  Inventory levels decreased year over year, improving operating working capital. The prior-year inventory balance was elevated by tariff impacts in North America and the earlier timing of deliveries in Europe. The…
• Macroeconomic Factors ImpactImportance 10 · Surprise 6
  Ralph Lauren reported that inflationary pressures, relatively elevated interest rates, foreign-currency volatility, and organized labor disputes continued to affect discretionary income, consumer spending, and…

Revenue by Product (in millions)

Revenue by Geography (in millions)