Q4 26 EPS
$2.80
BEAT +10.07%
Est. $2.54
Q4 26 Revenue
$1.98B
BEAT +7.06%
Est. $1.85B
vs S&P Since Q4 26
+11.8%
BEATING MARKET
RL +16.0% vs S&P +4.2%
Full Year 2026 Results
FY 26 EPS
$16.59
BEAT +1.62%
Est. $16.33
FY 26 Revenue
$8.11B
BEAT +1.68%
Est. $7.98B
Market Reaction
Did RL Beat Earnings? Q4 2026 Results
Ralph Lauren closed out fiscal 2026 on a high note, posting fourth-quarter earnings per share of $2.80 against a consensus estimate of $2.54, a beat of roughly 10.08% that extended the company's streak of topping EPS expectations to four consecutive … Read more Ralph Lauren closed out fiscal 2026 on a high note, posting fourth-quarter earnings per share of $2.80 against a consensus estimate of $2.54, a beat of roughly 10.08% that extended the company's streak of topping EPS expectations to four consecutive quarters. Revenue climbed 16.6% year over year to $1.98 billion, clearing the $1.85 billion analyst estimate by 7.03%, as broad-based momentum across all three geographic segments carried the quarter. The standout driver was Asia, where 31% reported revenue growth, fueled by exceptional Lunar New Year demand in China, helped lift adjusted gross margin 110 basis points to 69.7% even as U.S. Tariff headwinds weighed on costs. For the full fiscal year, revenue reached $8.11 billion while adjusted operating margin expanded 200 basis points to 16.0%, reflecting the early traction of the company's Next Great Chapter: Drive strategic plan. Looking ahead, management guided for mid-single-digit constant currency revenue growth in fiscal 2027, centered around 4% to 5%, alongside 40 to 60 basis points of operating margin expansion, signaling continued confidence despite acknowledged macro uncertainty around evolving tariff policy.
Key Takeaways
- • Global DTC comparable store sales increased 17% in Q4 and 13% for the full year
- • Mid-teens AUR growth driven by product elevation, favorable mix shifts, and increased full-price selling with reduced discount rates
- • Exceptional Lunar New Year sales driving strong Asia performance, particularly in China
- • 6.5 million new DTC customers recruited in FY2026
- • Core business up mid-teens with high-potential categories (Women's Apparel, Outerwear, Handbags) up more than 20% in Q4
- • Favorable geographic, channel, and product mix along with lower cotton costs driving gross margin expansion
RL YoY Financials
Q4 2026 vs Q4 2025, source: SEC Filings
RL Revenue by Segment
With YoY comparisons, source: SEC Filings
RL Revenue by Geography
With YoY comparisons, source: SEC Filings
“Our teams around the world executed with excellence and agility to deliver a strong first year of our Next Great Chapter: Drive strategic plan. While navigating a highly dynamic global operating environment, we exceeded our financial commitments in Fiscal 2026 with revenues surpassing $8 billion for the first time on healthy quality of sales, with balanced contributions across our lifestyle categories, geographies, and channels — a testament to the power of our iconic brand and ability to connect authentically with consumers across generations and cultures.”
— Patrice Louvet, Q4 2026 Earnings Press Release
RL Earnings Trends
RL vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
RL EPS Trend
Earnings per share: estimate vs actual
RL Revenue Trend
Quarterly revenue: estimate vs actual
RL Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT Excludes $24.8 million in restructuring and other charges, net, including $20.8 million in Next Generation Transformation project charges, $3.0 million in restructuring plan charges, and $1.0 million in cease-use rent expenses, partially offset by $1.3 million in non-routine bad debt expense reversals | $4.32 | $4.59 | +6.15% | $1.96B | +5.19% |
| Q4 26 BEAT FY | $2.54 | $2.80 | +10.07% | $1.98B | +7.06% |
| FY Full Year | $16.33 | $16.59 | +1.62% | $8.11B | +1.68% |
| Q3 26 BEAT | $5.81 | $6.22 | +7.10% | $2.41B | +4.16% |
| Q2 26 BEAT | $3.45 | $3.79 | +9.96% | $2.01B | +6.66% |
| Q1 26 BEAT | $3.50 | $3.77 | +7.79% | $1.72B | +3.78% |
| Q4 25 BEAT FY | $2.04 | $2.27 | +11.28% | $1.70B | +2.98% |
| FY Full Year | $12.09 | $12.33 | +2.02% | $7.08B | +0.71% |