Ralph Lauren Q2 FY2027 Revenue Rose 9% to $2.19B, Raises Full-Year Guidance
· The NYC Memo
Ralph Lauren Corporation reported Q2 FY2027 results on November 5, 2026, with net revenues of $2.19 billion, up 9% year-over-year on a reported basis and 10% in constant currency. GAAP diluted EPS rose 47% to $4.87, adjusted diluted EPS rose 22% to $4.64, and adjusted operating margin expanded 160 basis points to 15.7%, driven by AUR growth of 9% across the DTC network, favorable geographic mix, and lower product costs.
The company raised its full-year FY2027 constant currency revenue growth outlook to approximately 6%-7% from 5%-6% previously, and raised its adjusted operating margin expansion outlook to approximately 80-100 basis points.