secwatch.observer — SEC 8-K summary
======================================

Issuer:     RALPH LAUREN CORP (RL)
CIK:        0001037038
Form:       8-K
Filed at:   2026-05-21T12:07:24+00:00
Accession:  0001628280-26-037053
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Ralph Lauren Reports Q4 and Full Year Fiscal 2026 Results Ahead of Expectations; Provides Fiscal 2027 Outlook
--------------------------------------------------------------------------------

- Q4 revenue up 17% reported (12% constant currency) to $2.0B; full year revenue up 15% reported (12% constant currency) to $8.1B, exceeding $8B for first time.
- Adjusted Q4 EPS $2.80 vs $2.27 a year ago; full year adjusted EPS $16.59 vs $12.33; Board approves 10% dividend increase to $1.00 quarterly.
- Global direct-to-consumer comps up 17% in Q4, 13% full year; Asia revenue up 31% reported (28% constant currency) led by strong China Lunar New Year sales.
- Introduced preliminary Fiscal 2027 outlook: constant currency revenue growth mid-single digits (~4-5%) and operating margin expansion of 40-60 bps.
- Returned over $700M to shareholders in Fiscal 2026 through dividends and share repurchases; $1.4B remaining on repurchase plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037038/000162828026037053/0001628280-26-037053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037038/000162828026037053/rl-20260521.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-037053

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