Ralph Lauren reported quarterly results

full year earnings: “EX-99.1 2 rl-20260328xex991xpressrel.htm EX-99.1 Document EXHIBIT 99.1 RALPH LAUREN REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2026 RESULTS AHEAD OF EXPECTATIONS; PROVIDES INITIAL OUTLOOK FOR FISCAL 2027 • Fourth Quarter and Full Year Revenue Exceeded Expectations, with Fourth Quarter Revenue Up 17% on a Reported Basis and 12% in Constant Currency and Full Year Fiscal 2026 Revenue Up 15% and 12% in Reported and Constant Dollars, Respectively • Global Direct-to-Consumer Comparable Store Sales Increased 17% in the Fourth Quarter a nd 13% for the Full Year, Including Positive Retail Comps Across Regions and Channels and Mid-Teens Growth in Average Unit Retail ("AUR") Supported by Strong Full-Price Selling Trends • Delivered Fourth Quarter Adjusted Gross and Operating Margin Expansion Above Our Outlook; Fiscal 2026 Gross and Operating Margins Both Exceeded Our Next Great Chapter: Drive Annual Targets • Sustained Balance Sheet Strength with More Than $2 Billion in Cash & Short-Term Investments and Well-Positioned Inventories at Fiscal Year-End • Returned a Total of More than $700 Million to Shareholders Through Our Dividend and Repurchase of Class A Common Stock in Fiscal 2026; Board of Directors Approves 10% Dividend Increase • Introduced Preliminary Outlook for Fiscal 2027 Net Revenue Growth of Mid-Single Digits and Continued Operating Margin Expansion, Both on a Constant Currency Basis, Consistent with Our Long-Term, Investor Day Commitments NEW YORK -- (BUSINESS WIRE) -- May 21, 2026 -- 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 $2.45 on a reported basis and $2.80 on an adjusted basis, excluding restructuring-related and other net charges, for the fourth quarter of Fiscal 2026.”