Filing Flows › Ralph Lauren (RL) › Q1 FY27 › vs Q4 FY26
Ralph Lauren (RL) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Ralph Lauren's revenue fell $18.9M (-1%) from $2.0B in Q4 FY26 to $2.0B in Q1 FY27. The biggest changes: Asia segment +$25.7M (+5%); Europe segment −$25.2M (-4%); North America segment −$22.4M (-3%). Gross margin 73.7% against 69.7% (+4.0 pts).
Ralph Lauren, Q1 FY27: revenue $2.0B (+14% year over year), operating margin 17.5%, net earnings $262M, operating cash flow $339M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 73.7% | 69.7% | +4.0 pts |
| Operating margin | 17.5% | 9.5% | +7.9 pts |
| Net margin | 13.4% | 7.7% | +5.7 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| North America segment | $740M | $763M | −$22.4M | -3% |
| Europe segment | $594M | $620M | −$25.2M | -4% |
| Asia segment | $589M | $564M | $25.7M | +5% |
| Other Non-Reportable Segment-Related | $35.8M | $32.8M | $3.0M | +9% |
| Revenue | $2.0B | $2.0B | −$18.9M | -1% |
| Gross profit | $1.4B | $1.4B | $65.4M | +5% |
| Cost of revenue | $516M | $600M | −$84.3M | -14% |
| Operating profit | $342M | $189M | $154M | +82% |
| Operating expenses | $1.1B | $1.2B | −$88.4M | -7% |
| Pre-tax earnings | $342M | $193M | $149M | +77% |
| SG&A | $1.1B | $1.2B | −$83.5M | -7% |
| Other operating costs | $24.8M | $29.7M | −$4.9M | -16% |
| Net earnings | $262M | $152M | $111M | +73% |
| Income tax | $80.0M | $41.5M | $38.5M | +93% |
| Depreciation & amortization | $58.9M | $60.8M | −$1.9M | -3% |
| Share-based compensation | $26.0M | $24.3M | $1.7M | +7% |
| Working capital & other | $7.8M | $91.4M | −$83.6M | -91% |
| Operating cash flow | $339M | $145M | $194M | +134% |
Questions
How much did Ralph Lauren's revenue grow quarter over quarter in Q1 FY27?
Ralph Lauren's revenue fell $18.9M (-1%) from $2.0B in Q4 FY26 to $2.0B in Q1 FY27.
What drove Ralph Lauren's revenue change in Q1 FY27?
Asia segment +$25.7M (+5%); Europe segment −$25.2M (-4%); North America segment −$22.4M (-3%).