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07.08.25 - 14:06
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Ralph Lauren Reports First Quarter Fiscal 2026 Results Exceeding Expectations and Raises Full Year Outlook (Business Wire)
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First Quarter Revenue Increased 14% on a Reported Basis and 11% in Constant Currency, Ahead of Expectations, with Strong Performance in All Geographies
Global Direct-to-Consumer Comparable Store Sales Grew 13%, Driven by Positive Retail Comps Across Regions and Channels
Adjusted Gross and Operating Margin Expansion Exceeded Our Outlook, with Strong Full-Price Demand and Expense Discipline More Than Offsetting Increased Marketing Investments
Maintained Healthy Balance Sheet Positioning with $2.3 Billion in Cash and Short-Term Investments and Inventories Well-Positioned to Global Demand
Returned $300 Million to Shareholders Through Our Dividend and Repurchase of Class A Common Stock in the First Quarter
Raised Full Year Fiscal 2026 Constant Currency Revenue and Adjusted Operating Margin Expansion Outlook, While Maintaining Continued Caution on the Global Operating Environment in the Second Half of the Fiscal Year
NEW YORK--(BUSINESS WIRE)--Ralph Lauren Corporation (NYSE:RL), a global leader in the desig...
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