Ralph Lauren Corporation (RL) Earnings Call Transcripts
Ralph Lauren Corporation's Latest Earnings Call - Q1 FY2027
In the first quarter of fiscal year 2027, Ralph Lauren Corporation reported a revenue increase of 13% year-over-year, reaching $1.6 billion, exceeding management's expectations. Earnings per share (EPS) also surpassed forecasts, leading to an optimistic outlook for the full year. Management raised their revenue growth guidance for fiscal 2027 to 5-6%, up from 4-5%, while maintaining a cautious stance regarding the macroeconomic environment in Europe.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $1.6B (beat) |
| EPS | $1.25 (beat) |
| Gross Margin | 73.6% (beat) |
| Operating Margin | 18.5% (beat) |
| Customer Additions | 1.5M (positive) |
| AUR Growth | 15% (positive) |
Guidance from management
Management expects constant currency revenue growth of 5-6% for fiscal 2027, up from previous guidance of 4-5%. They also anticipate operating margin expansion of 60-80 basis points for the full year.
What analysts pressed on
Analysts expressed concerns regarding the sustainability of brand momentum in light of macroeconomic pressures, particularly in Europe. There were questions about the impact of a challenging luxury market on future growth and whether marketing expenditures would need to increase further to maintain competitive positioning.
Main topics on the call
- Revenue Growth Acceleration — Ralph Lauren's revenue grew by 13% in Q1 FY27, driven by strong performance in Asia (+25%) and North America (+13%). Management stated, "Our top and bottom line results exceeded our expectations, supported by our diversi...
- Guidance Revision — Management raised full-year revenue guidance to 5-6%, reflecting better-than-expected Q1 results. They noted, "We have confidence in raising our full year outlook to reflect our first quarter over delivery."
- Gross Margin Expansion — Adjusted gross margin expanded by 130 basis points to 73.6%, driven by improved average unit retail (AUR) and a favorable product mix. Justin Picicci highlighted, "Our gross margin expansion is really underpinned by stru...
- Customer Acquisition Success — The company added 1.5 million new customers in the DTC channel, indicating strong brand engagement. Patrice Louvet emphasized, "These activations are driving strong sustainable growth in new customer acquisition and rete...
Read the full Ralph Lauren Corporation transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Ralph Lauren Corporation
Ralph Lauren Corporation (RL) is a publicly listed company in the Textiles, Apparel and Luxury Goods industry, within the Consumer Discretionary sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 31 calls on record spanning February 4, 2020 to August 6, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 31 Ralph Lauren Corporation earnings call transcripts on record, spanning February 4, 2020 to August 6, 2026. Based on this history, Ralph Lauren Corporation reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- RL
- Exchange
- NYSE
- Country
- US
- Sector
- Consumer Discretionary
- Calls on record
- 31
- First call
- February 4, 2020
- Most recent
- August 6, 2026
- Reporting cadence
- quarterly