RL
Ralph Lauren Corporation369.31
-2.39-0.64%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q3 '26
Key Stats
Market Cap
22.40BP/E (TTM)
27.32Basic EPS (TTM)
13.52Dividend Yield
0.01%Recent Filings
10-Q
8-K
8-K
8-K
Q2 revenue beats, outlook raised
Ralph Lauren crushed Q2 fiscal 2026 expectations with revenue up 17% to $2.0B reported (14% constant currency), DTC comps soaring 13%, and adjusted EPS jumping 49% to $3.79. Margins expanded sharply—gross to 68.0%, adjusted operating to 14.1%—fueled by higher AUR and leverage, while holding $1.6B cash. Raised FY26 outlook to 5-7% constant currency revenue growth and 60-80bps operating margin expansion. Tariffs loom large.
10-Q
Q2 FY2026 results
Ralph Lauren posted Q2 FY2026 net revenues of $2.01B, up 16.5% y/y, with operating income at $245.7M (12.2% margin, +180bps y/y) fueled by 68.0% gross margin (+100bps y/y from AUR growth and lower cotton costs) while SG&A dipped to 53.9% of sales (-160bps y/y) on leverage. Europe surged 21.6% y/y and Asia 17.2% y/y, but $37.3M restructuring charges (up from $18.4M y/y) weighed in. Cash fell to $1.44B amid $436M buybacks, $281M capex, and $106M dividends; net debt rose to $1.24B after issuing $500M 5% notes due 2032 to repay maturing paper, with $740M revolver available. Diluted EPS hit $3.32, matching 62.4M shares. Buybacks accelerate.
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