Ralph Lauren increased its full-year revenue forecast after first-quarter profits rose 23%, exceeding expectations in nearly all markets.
The company posted operating profit of $342 million for the three months ending June 27, 2026. Net revenue reached $1.96 billion, reflecting a 14% increase, with gains across all major regions.
Asia leads regional gains
Asia showed the strongest growth, with revenue climbing 24% to $589.3 million. North America revenue increased 13% to $740.3 million, while Europe rose 7% to $594.4 million. Licensing and other segments grew 4% to $35.8 million.
Retail revenue climbed 13% to $1.37 billion, and wholesale revenue was up 15% to $554.7 million, reflecting continued demand for the brand across stores, digital and partner channels.
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The company now expects constant-currency revenue to increase between 5% and 6% for the 2026/27 financial year, citing its stronger-than-anticipated start to the year.
Growth strategy rooted in brand values
Executive chairman and chief creative officer Ralph Lauren described the results as part of a long-term vision. “As we celebrate America’s 250th anniversary and look ahead to important milestones for our company, I’m reminded of what has inspired us for nearly 60 years—optimism and aspiration, authenticity and the belief that we all can step into our dreams,” he said.
CEO Patrice Louvet called the quarter a solid beginning to the second year of the “Next Great Chapter: Drive” initiative. “We are off to a strong start in the second year of our ‘Next Great Chapter: Drive’ plan, with broad-based performance across geographies, channels and consumer segments in the first quarter—exceeding our expectations and driving an increase in our full-year 2026/27 outlook,” he said.
Louvet added: “Our iconic brand is resonating around the world, and we continue to invest behind the long-term strategic priorities that will drive further sustainable growth and value creation into the future—from recruiting new and younger consumers to strengthening our core and high-potential categories, and developing our key city ecosystems in every region.”
