Ralph Lauren’s sales increased 14% year-on-year on a constant currency basis to $2 billion in the second quarter of 2026, ended 27 September 2025, above its high-single-digit outlook. Growth was driven by a strong performance across all markets, including China.

Gross margin increased from 67% to 68%, driven by average unit retail (AUR) expansion, a favorable product mix and lower cotton costs, which offset tariff pressures. The company raised its outlook for fiscal 2026. It now expects revenue to increase between 5% and 7% in the full year, compared to its prior guidance of low to mid-single-digit growth, with Q3 revenues up mid-single digits.

“These results underscore our diversity of growth opportunities and the broad-based momentum of our iconic brand, which is resonating across gene

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