Ralph Lauren reported quarterly results

full year earnings: “EX-99.1 2 rl-20250329xex991xpressrel.htm EX-99.1 Document EXHIBIT 99.1 RALPH LAUREN REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2025 RESULTS AHEAD OF EXPECTATIONS; PROVIDES INITIAL OUTLOOK FOR FISCAL 2026 • Fourth Quarter and Full Year Revenue Exceeded Expectations, with Fourth Quarter Revenue Up 8% on a Reported Basis and 10% in Constant Currency and Full Year Fiscal 2025 Revenue Up 7% and 8% in Reported and Constant Dollars, Respectively • Global Direct-to-Consumer Comparable Store Sales Increased 13% in the Fourth Quarter a nd 10% for the Full Year, Including Positive Retail Comps Across Regions and Channels and High Single-Digit Growth in Average Unit Retail ("AUR"), Demonstrating Continued Strong Pricing Power • Delivered Fourth Quarter Adjusted Gross and Operating Margin Expansion Above Our Outlook; Fiscal 2025 Gross and Operating Margins Both Exceeded Our Long-Term, Next Great Chapter: Accelerate Targets • Maintained Strong Balance Sheet with More Than $2 Billion in Cash & Short-Term Investments and Well-Positioned Inventories at Year-End • Returned a Total of $625 Million to Shareholders Through Our Dividend and Repurchase of Class A Common Stock in Fiscal 2025; Board of Directors Approves 10% Dividend Increase and $1.5 Billion Expansion of Existing Share Repurchase Program • Introduced Preliminary Outlook for Fiscal 2026 Net Revenue Growth of Low-Single Digits on a Constant Currency Basis, Reflecting Caution on the Global Operating Environment; Operating Margin Expected to Expand Modestly, Inclusive of Tariffs NEW YORK -- (BUSINESS WIRE) -- May 22, 2025 -- Ralph Lauren Corporation (NYSE:RL), a global leader in the design, marketing, and distribution of luxury lifestyle products, today reported earnings per diluted share of $2.03 on a reported basis and $2.27 on an adjusted basis, excluding restructuring-related and other net charges, for the fourth quarter of Fiscal 2025.”