---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-002436"
form_type: "8-K"
ticker: "RL"
cik: "0001037038"
company_name: "RALPH LAUREN CORP"
filed_at: "2025-09-16T23:59:59+00:00"
generated_at: "2026-05-17T06:26:18.968414+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ralph Lauren targets mid-single-digit revenue CAGR, 100-150bps op margin expansion by FY2028

## Summary
- Revenue to grow at mid-single-digit CAGR (constant currency) from FY2025 base through FY2028.
- Operating margin to expand ~100-150 bps by FY2028, driven by gross margin and OPEX leverage.
- Plans to return at least $2B cumulative excess FCF through FY2028 via dividends and buybacks.
- Board increased quarterly dividend ~10% to $0.9125/share ($3.65 annual) at start of FY2026.
- Capital expenditures expected ~4-5% of revenue annually through FY2028.

## SEC filing metadata
- accession: 0000950142-25-002436
- form_type: 8-K
- ticker: RL
- cik: 0001037038
- company_name: RALPH LAUREN CORP
- filed_at: 2025-09-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037038/000095014225002436/0000950142-25-002436-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037038/000095014225002436/eh250677838_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-002436
- JSON: https://secwatch.observer/filing/0000950142-25-002436.json
- Plain text: https://secwatch.observer/filing/0000950142-25-002436.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.