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
New Share Repurchase Program Authorization
“$1.5 billion”
Period
The long term
Measure
Declared action
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
Share Repurchase Increase The Company repurchased approximately $425 million of Class A Common Stock in Fiscal 2025, with $352 million remaining on its existing share repurchase plan at the end of the fiscal year . In addition, in May, the Company's Board of Directors authorized a new $1.5 billion stock repurchase program permitting it to purchase shares of Class A Common Stock, subject to overall business and market conditions. 5 First Quarter and Preliminary Full Year Fiscal 2026 Outlook The Company's outlook is based on its best assessment of the current geopolitical and macroeconomic environment, including tariffs, inflationary pressures, and other consumer spending-related headwinds, global supply chain disruptions, and foreign currency volatility, among other factors. The full year Fiscal 2026 and first quarter guidance excludes any potential restructuring-related and other net charges that may be incurred in future periods, as described in the "Non-U.S. GAAP Financial Measures" section of this press release. Given the high level of volatility in the current operating environment, this outlook is considered preliminary and subject to change as a result of ongoing trade developments and other considerations. For Fiscal 2026 , the Company expects revenues to increase approximately low-single digits to last year on a constant currency basis, with growth weighted to the first half of the fiscal year. The Company expects operating margin for Fiscal 2026 to expand modestly
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.