secwatch.observer — SEC 8-K summary
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Issuer:     RALPH LAUREN CORP (RL)
CIK:        0001037038
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001037038-24-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ralph Lauren Q2 revenue $1.7B +6%, adjusted EPS $2.54 +21% YoY; raises FY guidance
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- Q2 revenue $1.7B (+6% reported & constant currency); adjusted EPS $2.54 vs $2.10 prior year, +21%.
- Global DTC comparable store sales +10%; AUR +10% across DTC network, driven by brand elevation.
- Europe revenue +6% constant currency, Asia +10%, North America +3%; China up low-teens.
- Raised FY2025 outlook: constant currency revenue growth ~3-4%, operating margin expansion +110-130 bps.
- Year-to-date returned ~$375M via dividends and buybacks; balance sheet with $1.7B cash, $1.1B debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037038/000103703824000027/0001037038-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037038/000103703824000027/rl-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001037038-24-000027

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