Ralph Lauren Q4 Sales Rise 17% to $2.0bn, FY26 Revenue Tops $8.1bn
Ralph Lauren reported Q4 net revenue up 17% to $2.0bn (12% constant currency), lifting FY26 net revenue 15% to $8.1bn with Asia sales surging 23% to $2.1bn. The company forecasts FY27 constant-currency revenue growth of 4–5% and operating margin expansion of 40–60 basis points.
1. Q4 revenue and regional performance
Ralph Lauren posted Q4 net revenue of $2.0bn, up 17% on a reported basis and 12% in constant currency, with a 450 basis-point currency tailwind. North American sales rose 8% to $763m, European revenue climbed 18% to $620m, and Asia jumped 31% to $564m, with wholesale and retail gains across regions.
2. Fiscal 2026 full-year results
For fiscal 2026, net revenue reached $8.1bn, a 15% reported increase (12% in constant currency), driven by North America ($3.3bn, +9%), Europe ($2.5bn, +17%) and Asia ($2.1bn, +23%). Gross profit was $5.7bn, and operating income totaled $1.2bn.
3. Fiscal 2027 guidance
Looking to fiscal 2027, the company anticipates constant-currency revenue growth of 4–5% on a 52-week comparable basis and operating margin expansion of 40–60 basis points, supported by modest gross margin improvement and expense leverage. First-quarter revenue is expected to increase mid- to high-single digits with operating margins up 80–120 basis points.