Ralph Lauren Corporation (NYSE:RL) on Thursday posted stronger-than-expected fourth-quarter results.
Adjusted earnings per share of $2.80 beat the analyst consensus estimate of $2.54. Quarterly sales of $1.98 billion outpaced the Street view of $1.85 billion.
For fiscal 2027, Ralph Lauren expects revenue to grow at a mid-single-digit rate in constant currency on a comparable 52-week basis, with projected growth centered around 4% to 5%.
For the first quarter, the company expects revenue to rise at a mid- to high-single-digit rate in constant currency. Ralph Lauren sees operating margin expansion of roughly 80–120 basis points, primarily driven by gross margin improvement.
“For nearly 60 years, our brand has stood for optimism, quality, authenticity, and a life …