Ralph Lauren FY2027 Q1: revenue up 14%, adjusted EPS $4.59, outlook raised
Ralph Lauren beat on the top and bottom line in its fiscal 2027 first quarter, and management raised its full-year outlook — a Bullish read on the quarter. Revenue of $1.96 billion rose 14.0%, adjusted EPS of $4.59 topped the $4.45 consensus, and gross margin hit 73.7%. The caveats: much of the wholesale gain came from shipment timing and a resumed account, and the dividend-plus-buyback math consumed much of the quarter's operating cash.
1 · Expected vs. Actual
Free preview belowGAAP EPS was $4.28, up 22.0% from $3.52, and adjusted EPS was $4.59, also up 22.0%, versus the $4.45 consensus estimate. So the beat rests on the adjusted number — the GAAP figure comes in below consensus. The $0.31 gap between the two is driven by $23.5 million of restructuring and other charges, net of tax.
Revenue of $1.96 billion rose 14.0% on a reported basis and 13.4% in constant currency, led by Asia at 24.3% growth and North America at 12.8%, while Europe managed only 4.6% in constant currency. North America wholesale jumped 22.0%, but management credits roughly 15 points of that to resumed shipments to a luxury wholesale account and a shift of shipments out of the prior fourth quarter. The company describes the top line as ahead of expectations, and no revenue consensus estimate was provided in the input to check that against.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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