secwatch.observer — SEC 8-K summary
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Issuer:     RALPH LAUREN CORP (RL)
CIK:        0001037038
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0001037038-21-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ralph Lauren Q1 revenue $1.4B (+182% YoY), beats expectations; raises FY22 guidance
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- Revenue $1.4B, +182% reported, +176% constant currency; GAAP EPS $2.18, adjusted EPS $2.29.
- North America revenue +301% to $662M; Europe +194%; Asia +68%; comparable store sales up strongly across regions.
- Adjusted operating margin 16.8% vs (35.7%) prior year; highest first-quarter adjusted margin since FY14.
- FY22 constant currency revenue growth raised to 25-30%; adjusted operating margin guidance raised to 12.0-12.5%.
- Digital ecosystem revenue grew >80%; owned digital commerce >45%; AUR up 17% on brand elevation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037038/000103703821000027/0001037038-21-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037038/000103703821000027/rl-20210803.htm
  HTML page:      https://secwatch.observer/filing/0001037038-21-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer