Ralph Lauren Soars with Over 30% Profit Boost in First Quarter

Ralph Lauren takes off. The American group specializing in fashion items has increased its profit by more than 30% in the first quarter, compared to the same period last year. Thus, the company has gone from earning $168.6 million to $220.4 million in the first three months of its fiscal year.

In addition, Ralph Lauren’s sales rose 13%. Its sales amounted to 1,719.1 million dollars, while in the first quarter of last year it sold $1,512.2 million, the company said Thursday in its quarterly earnings report.

By markets, the region that stands out the most is North America, where the bulk of the turnover was recorded, up to $656.2 million, which makes up 38.2% of the total. It is closely followed by Europe, with a turnover of $554.5 million (32.2%). In third place is Asia, where the company posted a turnover of 474 million dollars, or 27.5%.

Ralph Lauren’s North American sales accounted for the bulk of its turnover, up to $656.2 million, followed closely by Europe

Gross profit also increased this quarter. Specifically, by 16.5%, from $1,065.8 million to $1,242.3 million. Looking ahead to fiscal 2026, Ralph Lauren expects revenue to grow at a single-digit rate.

In terms of stores, Asia is the market where the company has the most stores, a total of 157, more than 60% of the total. The company has sixteen more stores in the territory at the beginning of its fiscal year than it had in the same period of the previous year. Behind, North America, with 53 company-owned stores, but 172 outlets and, in third place, Europe, with 49 company-owned stores and 57 outlets.

Ralph Lauren Chairman and CEO Patrice Louvet welcomed the results, which he described as “solid” in all markets. However, he assures that the company looks to the future with “prudence” in view of the global geopolitical situation. In terms of long-term objectives, the company aims to attract new and younger consumers.