RL

EX-99.1

2 rl-20260926ex991xpressrele.htm

EX-99.1

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EXHIBIT 99.1

RALPH LAUREN REPORTS SECOND QUARTER FISCAL 2027 RESULTS AHEAD OF EXPECTATIONS AND RAISES FISCAL 2027 OUTLOOK

•Second Quarter Revenue Increased 9% on a Reported Basis and 10% in Constant Currency, Exceeding Expectations, with Every Region Contributing to Growth led by Asia

•Global Direct-to-Consumer Comparable Store Sales Increased 10%, with Balanced Growth Across Digital and Brick-and-Mortar Channels with 9% Average Unit Retail ("AUR") Growth

•Adjusted Gross and Operating Margin Expansion Exceeded Our Outlook, Driven by Strong Full-Price Demand and Expense Discipline, More Than Offsetting Continued Investments in Marketing and Long-Term Growth Initiatives

•Reinforced Balance Sheet Strength with $1.8 Billion in Cash and Short-Term Investments and Inventories Well-Positioned to Global Demand

•Returned More Than $600 Million to Shareholders Through Our Dividend and Repurchase of Class A Common Stock This Fiscal Year-to-Date

•Raised Full Year Fiscal 2027 Constant Currency Revenue and Adjusted Operating Margin Expansion Outlook, Reflecting Stronger Than Expected First Half Fiscal Year Performance

NEW YORK -- (BUSINESS WIRE) -- November 5, 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 $4.87, up 47% to prior year on a reported basis and $4.64, up 22% on an adjusted basis, excluding restructuring-related and other net benefits, for the second quarter of Fiscal 2027. This compared to earnings per diluted share of $3.32 on a reported basis and $3.79 on an adjusted basis, excluding restructuring-related and other net charges, for the second quarter of Fiscal 2026.

"As we enter the Holiday season, I'm reminded of what has always inspired me — the beauty of the world around us, the warmth of family and the optimism and sense of possibility that have guided us for nearly 60 years," said Ralph Lauren, Executive Chairman and Chief Creative Officer. "These values are deeply personal to me and remain at the heart of our Company and everything we create."

"We delivered strong second quarter performance, enabling us to raise our Fiscal 2027 outlook once again," said Patrice Louvet, President and Chief Executive Officer. "Through a dynamic global operating environment, we continue to invest in the strategic priorities that are bringing our Next Great Chapter: Drive plan to life — strengthening our brand desirability and delighting multi-generational customers in every geography around the world to drive sustainable long-term growth and value creation. We remain confident in the strength of our brand, our teams and our diversified engines of growth through this fiscal year and beyond."

Key Achievements in Second Quarter Fiscal 2027

We delivered the following highlights across our strategic priorities in the second quarter of Fiscal 2027:

•Elevate and Energize Our Lifestyle Brand

◦Drove continued momentum in new customer acquisition and loyalty with 1.7 million new consumers in our direct-to-consumer businesses, increases in brand awareness, consideration, and net promoter score and over 72 million social media followers, a mid-single digit increase to last year

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◦Engaged consumers through powerful, authentic connections and brand activations, notably: our iconic sponsorships across the world of sports including Wimbledon, the U.S. Open Tennis Championships, and Goodwood Revival; our Spring 2027 Women's Collection fashion show in New York; Very Ralph documentary event in Seoul; and celebrity style-defining moments including BTS at MetLife Stadium, Elle Fanning, Matt Damon, and the wedding of Karl-Anthony Towns

•Drive the Core and Expand for More

◦Drove continued momentum in our Core business, up 10%, along with our high-potential categories (Women's Apparel, Outerwear, and Handbags), which increased low double-digits to last year in constant currency and outpaced total Company growth

◦Product highlights this quarter included: Ralph Lauren x Gee's Bend and our second Polo Ralph Lauren x TÓPA capsule, the latest collaborations from our groundbreaking Artist in Residence program; our U.S. Open Collection, inspired by the heritage of tennis and the spirit of New York; and the official launch of our newest handbag collection, Polo Blaze

◦Increased AUR by 9% across our direct-to-consumer network in the second quarter, above expectations, reflecting our continued elevation and strong full-price selling trends along with favorable geographic and channel mix

•Win in Key Cities with Our Consumer Ecosystem

◦By geography, revenues were led by 28% growth in Asia, followed by mid-single digit growth in North America and low-single digit growth in Europe. China revenue increased more than 35% on both a reported and constant currency basis, driven by continued growth in comparable store sales along with new distribution e

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