The American fashion group Ralph Lauren Corporation was able to achieve unexpectedly strong growth in sales and results in the first quarter of the 2025/26 financial year. The company then raised its forecasts for the year on Thursday.
In the opening quarter, which ended on June 28th, the group sales reached a height of $ 1.72 billion ($ 1.47 billion). He thus exceeded the corresponding level of previous year by 13.7 percent. Adjusted to change course changes, revenues rose by 11.4 percent.
Sales are growing in all regions
The company was able to achieve solid growth in all geographical regions. In North America, quarterly turnover rose by $ 656 million in Europe by $ 15.7 percent (currency-adjusted +10.3 percent) to $ 555 million and even $ 21.2 percent in Asia to $ 474 million.
Thanks to the increase in sales and a higher gross margin, the operational result grew to $ 273.6 million compared to the same period last year. The net profit also increased by 31 percent and reached a height of $ 220.4 million (189.1 million euros).
Management increases annual forecasts
CEO Patrice Louvet was satisfied with the current numbers. “We have achieved strong results for the first quarter in all regions, sales channels and consumer segments,” he said in a statement. “Although we continue to approach the current global business environment, we feel encouraged by the broad strength of our brand and our business areas and will continue to rely on our long -term strategic priorities.” Among other things, these aimed at gaining new and younger target groups and strengthening both proven and particularly growing categories, says Louvet.
After the recently surprisingly strong development, management set higher goals for the entire financial year. It is now expecting a low to medium single -digit percentage with a currency -adjusted sales growth. So far, only a low single -digit increase rate had been expected. In addition, the group now assumes a stronger increase in the operational margin.