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Ralph Lauren — Nov 6, 2025 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001628280-25-049886
Open on SEC.gov ↗
Showing in the filing
Foreign currency benefit to gross and operating margins
“approximately 30 to 50 basis points”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 14
Revenue growth for FY2026
“increase 5% to 7% on a constant currency basis”
Foreign currency benefit to revenue growth for FY2026
“approximately 200 to 250 basis points”
Operating margin for Q3 FY2026
“expand approximately 60 to 80 basis points in constant currency”
Operating margin expansion for Q3 FY2026
“expand approximately 60 to 80 basis points in constant currency”
Foreign currency benefit to gross and operat… for FY2026
“approximately 30 to 50 basis points”
Revenue growth for Q3 FY2026
“grow approximately mid-single digits on a constant currency basis”
Revenues for Q3 FY2026
“grow approximately mid-single digits on a constant currency basis”
Foreign currency impact on revenue growth for Q3 FY2026
“benefit revenue growth by approximately 150 to 200 basis points”
Foreign currency benefit to revenue growth for Q3 FY2026
“approximately 150 to 200 basis points”
Foreign currency benefit to gross and operat… for Q3 FY2026
“approximately 10 and 20 basis points, respectively”
Fiscal 2026 tax rate for FY2026
“in the range of approximately 19% to 21%”
Tax rate for Q3 FY2026
“approximately 21% to 23%”
Tax rate for Q3 FY2026
“approximately 21% to 23%”
Capital expenditures for FY2026
“approximately 4% to 5% of revenue”
Exhibit 99.1 · the passage around this item
… earlier in the release
The Company now expects operating margin for Fiscal 2026 to expand approximately 60 to 80 basis points in constant currency, up from its prior outlook, driven primarily by operating expense leverage. Foreign currency is now expected to benefit gross and operating margins by approximately 30 to 50 basis points. For the third quarter, the Company expects revenues to grow approximately mid-single digits on a constant currency basis. Foreign currency is expected to benefit revenue growth by approximately 150 to 200 basis points. Operating margin for the third quarter is expected to expand approximately 60 to 80 basis points in constant currency. Foreign currency is expected to benefit gross and operating margins by approximately 10 and 20 basis points, respectively. The Company's full year Fiscal 2026 tax rate is now expected to be in the range of approximately 19% to 21%. The third quarter tax rate is expected to be approximately 21% to 23%. The Company continues to expect capital expenditures for Fiscal 2026 of approximately 4% to 5% of revenue. 4 Conference Call As previously announced, the Company will host a conference call and live online webcast today, Thursday, November 6, 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
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.