---
schema_version: "secwatch.filing_event.v1"
accession: "0001037038-23-000021"
form_type: "8-K"
ticker: "RL"
cik: "0001037038"
company_name: "RALPH LAUREN CORP"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T16:17:08.005236+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ralph Lauren Q1 adj. EPS $2.34 beats $1.88; revenue +1% cc; reiterates FY outlook

## Summary
- Adj. EPS $2.34 vs $1.88 YoY; reported EPS $1.96 vs $1.73; revenue $1.5B (+1% cc).
- Gross margin expanded 80bps reported (130bps cc); adj. operating margin 13.4% (+70bps).
- Asia revenue +18% cc (China +50%); Europe +7%; North America -10% due to wholesale timing and inflation.
- DTC AUR +15%; comparable store sales: NA -6%, EU +2%, Asia +13%.
- FY2024 outlook: rev growth low-single digits cc; gross margin now +100bps (prev. +50-100bps); Q2 rev flat to slightly up.

## SEC filing metadata
- accession: 0001037038-23-000021
- form_type: 8-K
- ticker: RL
- cik: 0001037038
- company_name: RALPH LAUREN CORP
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037038/000103703823000021/0001037038-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037038/000103703823000021/rl-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001037038-23-000021
- JSON: https://secwatch.observer/filing/0001037038-23-000021.json
- Plain text: https://secwatch.observer/filing/0001037038-23-000021.txt

## Key facts
- Earnings Releases
  RALPH LAUREN CORP reported first quarter of Fiscal 2024 results: EPS $1.96 on a reported basis. Guidance reaffirmed.
  - Period: first quarter of Fiscal 2024
  - EPS: $1.96 on a reported basis
  - Guidance: reaffirmed
  - Result: reported results
  source text: today reported earnings per diluted share of $1.96 on a reported basis and $2.34 on an adjusted basis, excluding restructuring-related and other net charges for the first quarter of Fiscal 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037038/000103703823000021/0001037038-23-000021-index.htm

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