Overview
- Ralph Lauren reported fourth‑quarter adjusted EPS of $2.80 and revenue of $1.98 billion on Thursday, May 21, 2026, beating analyst forecasts and lifting full‑year revenue to about $8.1 billion.
- Asia led growth, with the region up roughly 31% on a reported basis and China cited as the primary driver thanks to strong Lunar New Year activations.
- The company boosted full‑price selling, which pushed average unit retail up in the mid‑teens and helped direct‑to‑consumer comparable sales rise 17%, improving gross margins.
- The board approved a 10% increase to the quarterly cash dividend to $1.00 per share payable July 10, and the company returned more than $700 million to shareholders in fiscal 2026 while ending the year with about $2.1 billion in cash and short‑term investments.
- Management gave measured fiscal‑2027 guidance centered on mid‑single‑digit revenue growth (about 4%–5%) with Q1 mid‑to‑high single‑digit growth expected and said it will keep investing in brand elevation, marketing activations and AI as it watches tariff and macro risks.