Ralph Lauren Corporation (NYSE:RL) shares started Thursday with strong gains. The company, a global leader in the design, marketing, and distribution of luxury lifestyle products, today reported earnings per diluted share of $3.32, up 44% to prior year on a reported basis and $3.79, up 49% on an adjusted basis, excluding restructuring-related and other net charges, for the second quarter of Fiscal 2026.
This compared to earnings per diluted share of $2.31 on a reported basis and $2.54 on an adjusted basis, excluding restructuring-related and other net charges for the second quarter of Fiscal 2025.
Said Lauren himself, "For more than 58 years, we have inspired authentic, timeless style, reflecting the easy sophistication of a life well-lived.
"From the streets of Tokyo and Paris to the intimacy of our runway show in our New York City design studio, we are inviting more people than ever to step into their dream of a better life."
The release concludes, “Our business is supported by our fortress foundation, which we define through our five key enablers, including: our engaged and empowered teams; industry-leading, agile operations; advanced technology, artificial intelligence and analytics; resilient partners, communities and materials; and a powerful balance sheet.”
RL shares jumped $4.98, or 1.6%, to $322.48.
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