Ralph Lauren beats Q4 estimates, raises dividend 10% on strong Asia sales

Ralph Lauren reported better-than-expected Q4 results with adjusted EPS of $2.80 beating estimates of $2.54 and revenue of $1.98 billion surpassing the $1.85 billion forecast. Growth was driven by a 31% sales increase in Asia, especially China, and strong global direct-to-consumer sales. The company raised its quarterly dividend by 10% to $1.00 per share and expects mid-single-digit revenue growth and margin expansion in fiscal 2027. Shares rose over 10% following the announcement.