Ralph Lauren Q4 EPS of $2.80 on $1.98B Revenue Beats Estimates
Ralph Lauren delivered Q4 adjusted earnings of $2.80 per share on $1.98 billion revenue, surpassing analyst forecasts of $2.52 and $1.85 billion with comparable sales up 17%. The company posted full-year revenue of $8.1 billion, raised its quarterly dividend 10% to $1.00, and returned $700 million to shareholders.
1. Q4 Financial Results
Ralph Lauren reported Q4 adjusted earnings of $2.80 per share on revenue of $1.98 billion, exceeding forecasts of $2.52 and $1.85 billion. Comparable direct-to-consumer sales rose 17%, driven by stronger full-price selling and mid-teens unit price growth.
2. Regional Performance
Asia revenues jumped 31% on a reported basis and 28% in constant currency, led by Lunar New Year demand. Europe sales increased 18% and North America grew 8%, supported by gains in Women’s Apparel, Outerwear and Handbags.
3. Full-Year Performance and Shareholder Returns
For fiscal 2026, revenue surpassed $8.1 billion—a 15% annual increase—and operating margin expanded by 200 basis points to 16.0%. The company acquired 6.5 million new direct-to-consumer customers, held $2.1 billion in cash and raised its quarterly dividend 10%.
4. Fiscal 2027 Outlook
Management forecasts mid- to high-single-digit constant currency revenue growth and 80–120 basis-point operating margin expansion for Q1 fiscal 2027. Full-year revenue is expected to rise around 4–5% in constant currency, reflecting disciplined execution and balance sheet strength.