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Ralph Lauren Corporation (RL) Q3 2026 (USD): EPS 5.82 (exp. 5.80), Revenue 2.4bln (exp. 2.31bln). Raises FY outlook

Importance
Level 1

FY26 Guidance

  • Expects revenue to increase high-single to low-double digits (prev. 5-7%).
  • Expects OM to expand c. 100-140bps (prev. 60-80bps)
  • Maintains CapEx view of c. 4-5% of revenue.

Q4 26 Guidance

  • Revenue to increase mid-single digits.
  • OM to contract c. 80-120bps, due to increase in US tariffs and higher marketing spend.
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