Ralph Lauren Reports Strong Q2 2027 Results Driven by Asian Market Growth
Ralph Lauren (RL) delivered robust second-quarter fiscal 2027 results, reporting net revenue of $2.19 billion, a 10% increase in constant currency. The company's performance was heavily bolstered by exceptional growth in Asia, where revenue surged 28%, and China, which saw an increase of over 35%. Adjusted earnings per share rose 22% to $4.64, benefiting from significant margin expansion driven by higher average unit retail prices and reduced promotional activity. Despite strong global momentum, the company noted some headwinds in Europe due to weaker store traffic, leading to a lowered revenue outlook for that specific region. However, management raised its full-year fiscal 2027 guidance for both revenue growth (now 6% to 7%) and operating margins. The brand continues to successfully pivot toward higher-value customers, adding 1.7 million new direct-to-consumer clients during the quarter.
Topics: eps beat margin expansion regional performance revenue growth