Ralph Lauren Q1 Earnings Beat, Raises FY27 Revenue Outlook
RL sits 41% above its 52-week low of $273.04 on light trading volume (0.1× avg).
Summary
Ralph Lauren delivered a strong Q1, with revenue up 14% to $1.96B and adjusted EPS of $4.59, beating expectations. Net income rose to $262.2M from $220.4M a year ago. The company raised its FY27 constant currency revenue growth outlook to 5-6%, citing stronger-than-expected Q1 results, and guided Q2 growth in the same range. This follows the earlier report of a 12% same-store sales surge, confirming broad-based momentum. The raised guidance signals management confidence in sustained demand despite a higher tax rate.
At the time of this announcement, RL was trading at $384.96 on NYSE in the Trade & Services sector, with a market capitalization of approximately $22.9B. The 52-week trading range was $273.04 to $421.60. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.