RL Q4 2025 Earnings
Reported May 22, 2025 at 8:11 AM ET · SEC Source
Q4 25 EPS
$2.27
BEAT +11.27%
Est. $2.04
Q4 25 Revenue
$1.70B
BEAT +3.02%
Est. $1.65B
vs S&P Since Q4 25
+7.7%
BEATING MARKET
RL +32.1% vs S&P +24.4%
Full Year 2025 Results
FY 25 EPS
$12.33
BEAT +2.02%
Est. $12.09
FY 25 Revenue
$7.08B
BEAT +0.71%
Est. $7.03B
Market Reaction
Did RL Beat Earnings? Q4 2025 Results
Ralph Lauren closed out fiscal 2025 on a high note, delivering a quarter that exceeded Wall Street expectations on both the top and bottom lines and capping the final year of its three-year Accelerate strategic plan. Adjusted earnings per share of $2… Read more Ralph Lauren closed out fiscal 2025 on a high note, delivering a quarter that exceeded Wall Street expectations on both the top and bottom lines and capping the final year of its three-year Accelerate strategic plan. Adjusted earnings per share of $2.27 beat the $2.04 consensus by 11.27%, while revenue of $1.70 billion topped estimates by 3.02% and rose 8.3% from a year earlier. The outperformance was driven in large part by exceptional direct-to-consumer momentum, with comparable store sales climbing 13% in the quarter and digital commerce surging 25% in Europe and 27% in Asia. Europe led all regions with 16% constant currency growth, while adjusted gross margin expanded 200 basis points to 68.6%, reflecting favorable channel and product mix alongside average unit retail gains. The company also announced a 10% dividend increase and a new $1.50 billion share repurchase program, signaling continued confidence in the brand's trajectory. Looking ahead, management guided for low-single-digit constant currency revenue growth in fiscal 2026, with first-quarter revenues expected to rise approximately high-single digits, though the outlook carries caveats around macroeconomic uncertainty and evolving trade conditions.
Key Takeaways
- • Global DTC comparable store sales increased 13% in Q4 and 10% for the full year
- • AUR increased high single-digits for both Q4 and full year, on top of double-digit increases last year
- • High-potential categories (Women's, Outerwear, Handbags) grew high-teens in Q4 in constant currency
- • 5.9 million new DTC customers recruited in fiscal year
- • Core business revenue up low double-digits in constant currency for both quarter and full year
- • Favorable geographic, channel, and product mix driving gross margin expansion
- • Lower cotton costs partially offset by non-cotton product cost increases
- • China revenue grew more than 20% in Q4
RL YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
RL Revenue by Segment
With YoY comparisons, source: SEC Filings
RL Revenue by Geography
With YoY comparisons, source: SEC Filings
“Our strong performance in the third and final year of our Next Great Chapter: Accelerate plan underscores the growing desirability of our brand and our team's powerful execution as we navigated a dynamic global operating environment. We successfully delivered on our strategic and financial commitments this fiscal year and through our long-term strategic plan — across our multiple drivers of growth — and at the same time, we continued to lay the groundwork for sustainable growth and value creation into the future.”
— Patrice Louvet, Q4 2025 Earnings Press Release
RL Earnings Trends
RL vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
RL EPS Trend
Earnings per share: estimate vs actual
RL Revenue Trend
Quarterly revenue: estimate vs actual
RL Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 BEAT | $5.81 | $6.22 | +7.10% | $2.41B | +4.16% |
| Q2 26 BEAT | $3.45 | $3.79 | +9.96% | $2.01B | +6.66% |
| Q1 26 BEAT | $3.50 | $3.77 | +7.79% | $1.72B | +3.78% |
| Q4 25 BEAT FY | $2.04 | $2.27 | +11.27% | $1.70B | +3.02% |
| FY Full Year | $12.09 | $12.33 | +2.02% | $7.08B | +0.71% |