Ralph Lauren lifts FY27 guidance, China grows more than 40 percent

Summary
  • Ralph Lauren Corporation exceeded expectations in Q1 FY27 with a 14 percent revenue climb, driven by double-digit growth in Asia and North America, and a 15 percent increase in average unit retail.
  • Asia was a standout region, with revenue rising 24 percent, led by over 40 percent growth in China, while North America saw a 13 percent increase.
  • The company raised its full-year outlook, anticipating 5 to 6 percent constant currency revenue growth and an operating margin expansion of 60 to 80 basis points, reflecting a strong start to its 'Next Great Chapter: Drive' plan.

Ralph Lauren Corporation raised its full-year outlook on Thursday after its first-quarter revenue in fiscal year 2027 climbed 14 percent, with double-digit growth across Asia and North America and a 15 percent increase in average unit retail across its direct-to-consumer network.

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