HighGravityDataRalph Lauren — May 22, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001037038-25-000010
Showing in the filing
Foreign Currency Impact on Revenue and Gross and Operating Margins
“expected to have a roughly minimal impact”
Period
Q1 FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 21
Dividend Increase for FY2026
“10% increase in the regular quarterly cash dividend”
Regular quarterly cash dividend
“10% increase”
New Quarterly Cash Dividend
“$0.9125 per share”
Quarterly cash dividend
“$0.9125 per share”
Total annual dividend amount for FY2025
“$3.65 per share”
Next Quarterly Dividend Payment for Q1 FY2026
“expected to be paid on July 11, 2025”
Next quarterly dividend
“expected to be paid on July 11, 2025 to shareholders of record at the close of business on June 27, 2025”
New Share Repurchase Program Authorization for the long term
“$1.5 billion”
Stock repurchase program
“$1.5 billion”
Net Revenue Growth for FY2026
“approximately low-single digits to last year on a constant currency basis, with growth weighted to the first half of the fiscal year”
Gross margin for FY2026
“approximately flat in constant currency”
Foreign Currency Impact on Revenue and Gross… for FY2026
“expected to have a relatively minimal impact”
Revenues for Q1 FY2026
“increase approximately high-single digits to last year on a constant currency basis”
Net Revenue Growth for Q1 FY2026
“approximately high-single digits to last year on a constant currency basis”
Operating margin for Q1 FY2026
“expand approximately 150 to 200 basis points in constant currency”
Operating Margin Expansion for Q1 FY2026
“approximately 150 to 200 basis points in constant currency”
Foreign Currency Impact on Revenue and Gross… for Q1 FY2026
“expected to have a roughly minimal impact”
Fiscal 2026 tax rate for FY2026
“in the range of 20% to 22%”
Effective Tax Rate for Q1 FY2026
“expected to be approximately 20% to 21%”
Of Fiscal 2026 tax rate for Q1 FY2026
“approximately 20% to 21%”
Capital expenditures for FY2026
“approximately 4% to 5% of revenue”
Exhibit 99.1 · the passage around this item
… earlier in the release
Operating margin for the first quarter is expected to expand approximately 150 to 200 basis points in constant currency, driven primarily by gross margin expansion as well as modest operating expense leverage. Foreign currency is expected to have a roughly minimal impact on revenue and gross and operating margins in the first quarter. The full year Fiscal 2026 tax rate is expected to be in the range of 20% to 22%, assuming a continuation of current tax laws. First quarter of Fiscal 2026 tax rate is expected to be approximately 20% to 21%. The Company is planning capital expenditures for Fiscal 2026 of approximately 4% to 5% of revenue. Conference Call As previously announced, the Company will host a conference call and live online webcast today, Thursday, May 22, 2025, at 9:00 A.M. Eastern. Listeners may access a live broadcast of the conference call on the Company investor relations website at http://investor.ralphlauren.com or by dialing 517-623-4963 or 800-857-5209. To access the conference call, listeners should dial in by 8:45 A.M. Eastern and request to be connected to the Ralph Lauren Fourth Quarter 2025 conference call. An online archive of the broadcast will be available by accessing the Company's investor relations website at http://investor.ralphlauren.com. A telephone replay of the call will be available from 12:00 P.M. Eastern, Thursday, May 22, 2025 through 6:00 P.M. Eastern, Thursday, May 29, 2025 by dialing 203-369-3268 or 800-391-
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.