Ralph Lauren Corporation (0KTS.L) Q1 2025: 0kts L

Executive Summary

Ralph Lauren Corporation delivered QQ1 2025 results that reflect a normalization phase after a period of elevated demand in prior periods. Reported revenue of $1.512B declined 21.8% year-over-year and 3.6% quarter-over-quarter, underscoring ongoing discretionary consumer softness in a high-value apparel category. Despite the top-line pressure, the company maintained a robust gross margin of 70.5%, and leveraged tight cost discipline to generate an operating margin of approximately 13.8% and a net margin of 11.1%, with net income of $168.6M and diluted EPS of $2.61. Free cash flow remained constructive at $243.9M, supported by solid operating cash flow of $277.3M and disciplined capital allocation including $201.2M of share repurchases and $47.5M in dividends.

Key Performance Indicators

Revenue

1.51B

QoQ: -3.55% | YoY:-21.81%

Gross Profit

1.07B

70.48% margin

QoQ: 2.12% | YoY:-13.17%

Operating Income

208.50M

QoQ: 93.41% | YoY:-34.04%

Net Income

168.60M

QoQ: 85.89% | YoY:-39.05%

EPS

2.67

QoQ: 89.36% | YoY:-37.32%

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Revenue: $1.5122B (QoQ -3.6%, YoY -21.8%)
Gross Profit: $1.0658B; Gross Margin: 70.48% (YoY -13.17%, QoQ +2.12%)
Operating Income: $208.5M; Operating Margin: 13.79% (YoY -34.04%, QoQ +93.41%)
Net Income: $168.6M; Net Margin: 11.15% (YoY -39.05%, QoQ +85.89%)
EPS: $2.67 (Diluted $2.61); Shares Outstanding (weighted average): 63.2M; Diluted 64.6M
Free Cash Flow: $243.9M; Operating Cash Flow: $277.3M; Capital Expenditures: $33.4M
Cash & Equivalents: $1.5869B; Total Debt: $2.6822B; Net Debt: $1.0939B
Liquidity: Current Ratio 2.19; Quick Ratio 1.53; Cash Ratio 1.01
Capital Allocation: Share repurchases $201.2M; Dividends paid $47.5M; Net cash change -$77.0M
Leverage: Debt-to-Capitalization 0.531; Debt-to-Equity 1.133; Payout Ratio 28.2%
Valuation snapshot (contextual): P/E ~16.3x; P/B ~4.65x; P/S ~7.28x; Dividend Yield ~0.43%

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	1.51B	-21.81%	-3.55%
Gross Profit	1.07B	-13.17%	2.12%
Operating Income	208.50M	-34.04%	93.41%
Net Income	168.60M	-39.05%	85.89%
EPS	2.67	-37.32%	89.36%

Key Financial Ratios

currentRatio

2.19

grossProfitMargin

70.5%

operatingProfitMargin

13.8%

netProfitMargin

11.1%

returnOnAssets

2.54%

returnOnEquity

7.12%

debtEquityRatio

1.13

operatingCashFlowPerShare

$4.39

freeCashFlowPerShare

$3.86

dividendPayoutRatio

28.2%

priceToBookRatio

4.65

priceEarningsRatio

16.33

Net Income vs. Revenue

Expense Breakdown

Competitive Position

Company	Gross Margin	Operating Margin	Return on Equity	P/E Ratio
0KTS.L Focus	70.48%	13.80%	7.12%	16.33%
0HHR.L	63.70%	42.00%	8.11%	142.31%
0QZS.L	85.60%	-3.54%	-7.15%	-16.31%
0HLQ.L	1.00%	14.40%	2.53%	10.53%
0I6U.L	11.90%	2.78%	0.91%	32.82%

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	1,719.10	3.53	+13.7%	View
Q4 2025	1,697.30	2.03	+8.3%	View
Q3 2025	2,143.50	4.66	+36.7%	View
Q2 2025	1,726.00	2.31	-10.8%	View
Q1 2025	1,512.20	2.61	-21.8%	View

Ralph Lauren Corporation (0KTS.L) Q1 2025 Earnings Report

Earnings Highlights

Ralph Lauren Corporation (0KTS.L) QQ1 2025 Results â€“ Resilient Luxury Apparel Amid Demand normalization: Margin discipline supports cash generation

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

Ralph Lauren Corporation (0KTS.L) Q1 2025 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

More 0KTS.L Quarterly Reports

0KTS.L

0KTS.L

0KTS.L

0KTS.L

Q1 2025 Reports in Consumer Cyclical Sector

0HHR.L

Related Financial Data

Sector Analysis: Consumer Cyclical

0KTS.L Full Profile

0KTS.L Financial Statements

Earnings Calendar