Ralph Lauren’s Holiday Sales Rise 6% to $1.95 B, Lifts Full-Year EPS to $6.50–6.70
Ralph Lauren reported holiday-quarter net revenues of $1.95 billion, up 6% year-over-year, and delivered adjusted EPS of $1.80, topping analyst projections of $1.65. The company raised its fiscal 2026 full-year revenue growth target to 4–5% and lifted EPS guidance to $6.50–6.70 from $6.20 previously.
1. Strong Holiday Sales Performance
Ralph Lauren’s holiday quarter net revenues climbed 6% to $1.95 billion, outpacing the prior-year period. The growth was driven by a 9% increase in direct-to-consumer channels, including e-commerce, and a 3% gain in wholesale.
2. Earnings Beat and Margin Expansion
Adjusted earnings per share reached $1.80, above the $1.65 consensus, reflecting gross margin expansion of 150 basis points to 65.2% and disciplined expense control.
3. Upgraded Full-Year Outlook
The company raised its fiscal 2026 revenue growth forecast to 4–5% from a prior 2–3% range and increased EPS guidance to $6.50–6.70 versus $6.20 previously, citing sustained consumer demand and improved inventory turnover.
4. Strategic Initiatives and Future Priorities
Ralph Lauren plans to invest in digital capabilities and premiumization of key product lines while optimizing its supply chain. Management highlighted plans to expand direct-to-consumer penetration in Asia and accelerate loyalty program enrollment.