Overview
- Ralph Lauren reported results Thursday, with fourth-quarter adjusted EPS of $2.80 and revenue of about $2.0 billion, beating analyst expectations.
- For full Fiscal 2026, revenue rose to $8.1 billion and the board approved a 10% quarterly dividend increase to $1.00 per share while the company repurchased roughly $500 million of stock and has $1.4 billion remaining on its buyback plan.
- Growth was led by Asia, where revenue climbed 31% on a reported basis and China benefited from exceptional Lunar New Year demand, and product categories such as women’s apparel, outerwear and handbags each posted strong gains.
- Management issued an initial Fiscal 2027 outlook that calls for roughly 4–5% constant-currency revenue growth and about 40–60 basis points of operating margin expansion but warned that tariffs, currency swings and supply-chain disruptions could alter the plan.
- The company finished the year with about $2.1 billion in cash, higher capital spending for stores and digital projects, and said execution of its 'Next Great Chapter: Drive' branding and retail expansions will be central to sustaining elevated full-price selling and margins.