Every 10-Q that Ralph Lauren Corporation (RL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RL filings page.
Ralph Lauren reported higher Q1 Fiscal 2027 results, with net revenues of $1,959.8 million versus $1,719.1 million a year earlier. Operating income rose to $342.4 million from $273.6 million, and net income increased to $262.2 million, or diluted earnings per share of $4.28 compared with $3.52.
North America generated $740.3 million of net revenues, Europe $594.4 million, Asia $589.3 million, and licensing and other $35.8 million. Net cash provided by operating activities strengthened to $339.3 million from $176.1 million. The company ended the quarter with $1,719.0 million in cash and cash equivalents, $222.6 million of short-term investments, and long‑term debt of $1,239.4 million.
During the quarter Ralph Lauren returned capital through $250.0 million of Class A share repurchases under its program plus $75.1 million of shares withheld for taxes on equity awards, and paid cash dividends of $1.00 per share. Restructuring and other charges totaled $24.8 million, and the effective tax rate was 23.4%.
Ralph Lauren Corporation delivered stronger results for the quarter ended December 27, 2025, with net revenues rising to $2,406.0 million from $2,143.5 million a year earlier. Higher sales translated into operating income of $471.3 million, up from $389.7 million, despite increased restructuring and other charges.
Quarterly net income grew to $361.6 million from $297.4 million. Basic earnings per share increased to $5.91 from $4.76, helped by both profit growth and a lower share count. For the nine-month period, net revenues reached $6,135.8 million versus $5,381.7 million, and net income rose to $789.5 million from $613.9 million, showing broad-based improvement.
The company generated $1,008.9 million in operating cash flow over nine months and ended the period with cash and cash equivalents of $2,031.9 million. It issued $500 million of new 5.000% Senior Notes, repaid $400 million of maturing 3.750% notes, repurchased $350.1 million of Class A shares, and increased its quarterly dividend from $0.825 to $0.9125 per share.
Ralph Lauren Corporation reported stronger Q2 results. Net revenues were $2,010.7 million, up from $1,726.0 million a year ago, with growth across retail ($1,264.5 million), wholesale ($701.8 million), and licensing ($44.4 million). Operating income rose to $245.7 million from $178.9 million, and net income increased to $207.5 million from $147.9 million. Diluted EPS was $3.32 versus $2.31.
By region, North America delivered $832.4 million, Europe $688.3 million, and Asia $445.6 million. The effective tax rate improved to 14.6%. For the first six months, revenue reached $3,729.8 million and net income $427.9 million.
Balance sheet and cash flows reflect investment and capital returns: inventories were $1,261.3 million, cash and equivalents $1,443.0 million, and the company repurchased $435.9 million of stock over six months. RL issued $500 million of 5.000% senior notes and repaid $400 million of 3.750% notes. Q2 included $37.3 million in restructuring and other charges, including the Next Generation Transformation project.
Ralph Lauren (RL) Q1 FY26 highlights (13 weeks to 28-Jun-25):
- Revenue rose 13.7% YoY to $1.72 bn, driven by Retail (+16%) and Europe (+16%); North America +8%, Asia +21%.
- Profitability: gross margin expanded 170 bp to 72.2%; operating income +31% to $274 m (15.9% margin); net income +31% to $220 m; Diluted EPS $3.52 vs $2.61.
- Cash-flow & balance sheet: operating cash flow fell to $176 m (–36%) as inventories climbed to $1.22 bn (+17% QoQ). Cash & ST investments $2.28 bn; debt $1.64 bn after issuing $500 m 5.0% 2032 notes, leaving net cash ~ $0.64 bn.
- Capital returns: $323 m share repurchases (1.5 m shares) and $51 m dividends ($0.9125 per share).
- Restructuring & transformation: $19 m in charges, incl. $11 m for multi-year Next-Generation Transformation (NGT) project; additional $6 m severance.
- Tax & guidance: effective tax rate 20.7% (vs 22.1%). Company evaluating impacts of 2025 U.S. tax legislation; no numeric guidance provided.
Key takeaways: Strong double-digit top- and bottom-line growth and margin expansion offset by weaker cash generation, higher inventories, and incremental leverage.