Ralph Lauren's first quarter revenue grew 14% to $1.96B, beating estimates on strong Asia growth.

Ralph Lauren reported first-quarter fiscal 2027 revenue of $1.96 billion, a 14% increase from the prior year, and adjusted earnings of $4.59 per share. The results surpassed analyst expectations, driven by strong performance across Asia and North America.

Key Highlights

• Revenue growth was led by Asia, which grew 24% on a reported basis, with sales in China up over 40%.
• Direct-to-consumer (DTC) performance was strong, with global comparable store sales up 12% in constant currency, supported by a 15% increase in Average Unit Retail (AUR).
• The company raised its full-year fiscal 2027 outlook for constant currency revenue growth and adjusted operating margin expansion.