---
schema_version: "secwatch.filing_event.v1"
accession: "0001037038-22-000029"
form_type: "8-K"
ticker: "RL"
cik: "0001037038"
company_name: "RALPH LAUREN CORP"
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T22:05:54.493929+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ralph Lauren Q2 revenue +13% constant currency; adjusted EPS $2.23, ahead of expectations

## Summary
- Revenue $1.6B (+5% reported, +13% constant currency); adjusted diluted EPS $2.23 vs $2.62 prior year.
- Adjusted operating margin 13.4% slightly above outlook; FY2023 margin guidance at low end of 14.0%-14.5% range.
- Asia revenue +33% constant currency; Europe +15%; North America +3%.
- Repurchased ~$170M of Class A common stock during Q2; inventory $1.3B, up 36%.
- Q3 revenue expected +low- to mid-single digits constant currency; operating margin 17.3%-17.8% constant currency.

## SEC filing metadata
- accession: 0001037038-22-000029
- form_type: 8-K
- ticker: RL
- cik: 0001037038
- company_name: RALPH LAUREN CORP
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037038/000103703822000029/0001037038-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037038/000103703822000029/rl-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001037038-22-000029
- JSON: https://secwatch.observer/filing/0001037038-22-000029.json
- Plain text: https://secwatch.observer/filing/0001037038-22-000029.txt

## Key facts
- Earnings Releases
  RALPH LAUREN CORP reported the fiscal quarter ended October 1, 2022 results: EPS $2.18 per diluted share. Guidance reaffirmed.
  - Period: the fiscal quarter ended October 1, 2022
  - EPS: $2.18 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: RALPH LAUREN REPORTS BETTER THAN EXPECTED SECOND QUARTER FISCAL 2023 RESULTS • Delivered Second Quarter Revenue Growth of 5% on a Reported Basis and 13% in Constant Currency, Ahead of Expectations • Operating Margin of 13.1% on a Reported Basis; Adjusted Operating Margin of 13.4% Slightly Exceeded Outlook with Operating Expense Discipline More Than Offsetting Planned Increases in Freight and Timing of Marketing Investments • Continued to Invest in Key Strategic Priorities While Returning Cash to Shareholders Through Dividends and Repurchase of Approximately $170 Million of Class A Common Stock in the Quarter • Maintained Full Year Fiscal 2023 Outlook in Constant Currency with Net Revenue Expected to Increase High-Single-Digits and Adjusted Operating Margin at Low End of Prior Range of 14.0% to 14.5%; Revised Foreign Currency Outlook to Reflect Strengthening U.S. Dollar NEW YORK -- (BUSINESS WIRE) -- November 10, 2022 -- Ralph Lauren Corporation (NYSE:RL), a global leader in the design,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037038/000103703822000029/0001037038-22-000029-index.htm

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