Ralph Lauren raises full-year outlook as quarterly revenue grows 9%

Ralph Lauren has raised its outlook for the 2027 financial year after second-quarter revenue increased 9% on a reported basis to $2.2bn (£1.64bn), according to Drapers. Revenue rose 10% in constant currency, while adjusted operating income increased 21.9% year on year to $345m (£257.6m).

The company now expects full-year constant currency revenue growth of between 6% and 7%, compared with its previous guidance of between 5% and 6%. During the quarter, revenue in North America increased 6%, sales in Asia rose 28% and revenue in Europe grew 1%.

Ralph Lauren said women’s clothing, outerwear and handbags outperformed total company growth, alongside continued momentum in its core business. It added 1.7 million new customers to its direct-to-consumer business and opened 22 owned and partnered stores during the quarter. The brand also launched a mobile app in Japan.

Why it matters

For fashion businesses and buyers, the results highlight Asia’s stronger sales growth within Ralph Lauren’s regional performance and the outperformance of women’s clothing, outerwear and handbags. The company’s store openings and direct-to-consumer customer gains also show its continued expansion across physical retail and customer acquisition.