Loading...
•
Sep 27
Ralph Lauren Q2 2026 Earnings Report
Ralph Lauren posted strong Q2 FY2026 results with double-digit revenue growth across all regions and a notable increase in earnings.
Key Takeaways
Ralph Lauren exceeded expectations in Q2 FY2026 with $2.01B in revenue, boosted by strong direct-to-consumer performance, higher average unit retail, and margin expansion.
Revenue rose 17% YoY to $2.01 billion, driven by double-digit growth across North America, Europe, and Asia.
EPS increased to $3.32 (reported) and $3.79 (adjusted), reflecting improved margins and disciplined expense control.
Gross margin expanded to 68.0% supported by higher full-price selling and favorable product mix.
Cash and short-term investments totaled $1.6 billion, maintaining a strong balance sheet.
Ralph Lauren
Ralph Lauren
Ralph Lauren Revenue by Segment
Ralph Lauren Revenue by Geographic Location
Revenue by Segment
North America Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia Revenue
CapyFin.com Forward Guidance
Ralph Lauren raised its full-year FY2026 guidance, now expecting 5% to 7% revenue growth and 60 to 80bps margin expansion in constant currency, despite maintaining a cautious view of macroeconomic risks.
Positive Outlook
- Raised full-year constant currency revenue growth outlook to 5–7%
- Full-year operating margin expected to expand 60–80 basis points
- Foreign currency to benefit margins by 30–50 basis points
- Continued strong momentum in Asia and Europe
- Ongoing investments in brand elevation and AI tools like 'Ask Ralph'
Challenges Ahead
- Global macroeconomic and geopolitical environment remains uncertain
- Continued inflationary pressures impacting operations
- Foreign currency volatility could affect reported results
- Tariffs and trade barriers remain a cost headwind
- Caution around consumer spending in the second half of the year
Revenue & Expenses
Visualization of income flow from segment revenue to net income