AI English summary of an SEC filing — figures as filed
Ralph Lauren RLRalph Lauren said second quarter fiscal 2026 revenue increased 17% on a reported basis and 14% in constant currency to $2.0 billion. Diluted earnings per share were $3.32 on a reported basis and $3.79 on an adjusted basis, compared to $2.31 and $2.54, respectively, in the prior year period.
Key points
AI summaryRalph Lauren said second quarter fiscal 2026 revenue increased 17% on a reported basis and 14% in constant currency to $2.0 billion. Diluted earnings per share were $3.32 on a reported basis and $3.79 on an adjusted basis, compared to $2.31 and $2.54, respectively, in the prior year period.
The company reported gross margin of 68.0% for Q2, 100 basis points above the prior year, and adjusted operating margin of 14.1%, 270 basis points above the prior year. By geography, revenues were $832 million in North America, $688 million in Europe and $446 million in Asia.
Ralph Lauren said it ended Q2 with $1.6 billion in cash and short-term investments and $1.2 billion in total debt. In Q2, the company repurchased approximately $63 million of Class A Common Stock for a total of $313 million fiscal year-to-date, and retired $400 million of senior notes due September 2025.
Ralph Lauren said it expects full year fiscal 2026 revenue to increase 5% to 7% in constant currency and operating margin to expand approximately 60 to 80 basis points. For Q3, the company expects revenue to grow approximately mid-single digits in constant currency.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 Revenue and Diluted Earnings Per Share
Ralph Lauren said second quarter fiscal 2026 revenue increased 17% on a reported basis and 14% in constant currency to $2.0 billion. Diluted earnings per share were $3.32 on a reported basis and $3.79 on an adjusted basis, compared to $2.31 and $2.54, respectively, in the prior year period.
Source · Based on the filing body and exhibits
Q2 Margins and Revenue by Geography
The company reported gross margin of 68.0% for Q2, 100 basis points above the prior year, and adjusted operating margin of 14.1%, 270 basis points above the prior year. By geography, revenues were $832 million in North America, $688 million in Europe and $446 million in Asia.
Source · Based on the filing body and exhibits
Cash, Debt and Shareholder Returns
Ralph Lauren said it ended Q2 with $1.6 billion in cash and short-term investments and $1.2 billion in total debt. In Q2, the company repurchased approximately $63 million of Class A Common Stock for a total of $313 million fiscal year-to-date, and retired $400 million of senior notes due September 2025.
Source · Based on the filing body and exhibits
Fiscal 2026 Outlook
Ralph Lauren said it expects full year fiscal 2026 revenue to increase 5% to 7% in constant currency and operating margin to expand approximately 60 to 80 basis points. For Q3, the company expects revenue to grow approximately mid-single digits in constant currency.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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