---
schema_version: "secwatch.filing_event.v1"
accession: "0001037038-24-000020"
form_type: "8-K"
ticker: "RL"
cik: "0001037038"
company_name: "RALPH LAUREN CORP"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:34:31.100772+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ralph Lauren Q1 adjusted EPS $2.70 (+15% YoY) beats; revenue +3% constant currency; reaffirms FY outlook

## Summary
- Adjusted EPS $2.70 vs $2.34 YoY; reported EPS $2.61 vs $1.96 YoY (+33%).
- Revenue $1.5B, +1% reported (+3% constant currency), led by Europe (+7%) and Asia (+9%) in constant currency.
- Global DTC comparable store sales +5%; gross margin 70.5% (+170 bps); adjusted operating margin 14.3% (+90 bps).
- Inventory down 13% YoY to $1.0B; returned $225M to shareholders via dividends and $176M in buybacks.
- FY2025 outlook reaffirmed: low-single-digit revenue growth and 100-120 bps operating margin expansion in constant currency.

## SEC filing metadata
- accession: 0001037038-24-000020
- form_type: 8-K
- ticker: RL
- cik: 0001037038
- company_name: RALPH LAUREN CORP
- filed_at: 2024-08-07T23:59:59+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/1037038/000103703824000020/0001037038-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037038/000103703824000020/rl-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001037038-24-000020
- JSON: https://secwatch.observer/filing/0001037038-24-000020.json
- Plain text: https://secwatch.observer/filing/0001037038-24-000020.txt

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