Q2 2026 Ralph Lauren Corp Earnings Call Transcript
Key Points
- Ralph Lauren Corp (RL) reported a strong second quarter performance, exceeding expectations with a 14% revenue growth, driven by broad-based performance across all regions and channels.
- The company achieved double-digit growth in retail comps and global wholesale sales, with all three regions contributing to growth.
- Ralph Lauren Corp (RL) raised its full-year guidance due to strong year-to-date results and brand momentum, despite maintaining a cautious stance for the second half.
- The company added 1.5 million new consumers to its direct-to-consumer businesses, driven by digital and full-price store customers.
- Ralph Lauren Corp (RL) continues to expand its presence in key cities, opening 38 new owned and partner stores globally, and announced plans to open its sixth restaurant in London.
- Ralph Lauren Corp (RL) remains cautious about the second half of the year due to potential consumer headwinds and general volatility.
- The company anticipates gross margin pressure in the next few quarters, particularly in Q4, due to reciprocal tariffs and timing-related headwinds.
- Ralph Lauren Corp (RL) plans to exit 90 to 100 wholesale doors in fiscal 2026, with potential near-term macro pressures across broader channels.
- The company is facing challenges in North America, with strategic reductions in off-price sales planned for the fourth quarter.
- Ralph Lauren Corp (RL) is navigating a dynamic global macroeconomic environment, including tariffs, inflationary pressures, and supply chain disruptions.
Ladies and gentlemen, thank you for standing by. Welcome to the Ralph Horn second quarter fiscal year 2026 earnings call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Instructions on how to ask a question will be given at that time. If you should require assistance during the call, please press star, then 0. As a reminder, this conference is being recorded.
I'd like to turn over the conference to our host, Ms. Karina Vandergens. Please go ahead.
Good morning and thank you for joining Ralph Lauren's second quarter fiscal 2026 conference call.
With me today are Patrice Louveis, the company's President and Chief Executive Officer, and Justin Picci, Chief Financial Officer.
After prepared remarks, we will open up the call for your questions, which we ask that you limit to one per caller.
During today's call, our financial performance will be discussed on a constant currency adjusted basis. Our
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
