Ralph Lauren Reports Strong Q2 Results, Raises Outlook

Ralph Lauren ( (RL) ) has released its Q2 earnings. Here is a breakdown of the information Ralph Lauren presented to its investors.

Ralph Lauren Corporation is a global leader in the design, marketing, and distribution of luxury lifestyle products, known for its iconic brand and timeless style across various categories including apparel, footwear, accessories, home, fragrances, and hospitality.

In its latest earnings report, Ralph Lauren announced a better-than-expected performance for the second quarter of Fiscal 2026, with a significant increase in revenue and earnings per share. The company also raised its full-year outlook, reflecting strong first-half performance and continued brand momentum.

Key financial highlights include a 17% increase in revenue to $2.0 billion, driven by double-digit growth across all regions, particularly in Asia and Europe. The company reported a 44% increase in earnings per diluted share on a reported basis and a 49% increase on an adjusted basis. Ralph Lauren also maintained a strong balance sheet with $1.6 billion in cash and short-term investments, and returned approximately $420 million to shareholders through dividends and stock repurchases.

Strategically, Ralph Lauren continued to expand its direct-to-consumer business, adding 1.5 million new customers and increasing average unit retail by 12%. The company also opened 38 new stores globally and launched innovative products, including an AI-powered styling tool. Despite global economic challenges, Ralph Lauren’s brand continues to resonate with consumers worldwide.

Looking ahead, Ralph Lauren remains optimistic about its growth prospects, expecting a 5% to 7% increase in revenue for Fiscal 2026 on a constant currency basis. The company plans to leverage its strong brand position and strategic investments to drive sustainable long-term growth, while remaining cautious about the global operating environment in the second half of the fiscal year.