Overview
- Fiscal Q2 revenue reached about $2 billion, up 17% reported and 14% in constant currency.
- Net income rose nearly 40% to $207.5 million, with adjusted EPS of $3.79 topping the $3.45 consensus.
- Full-year outlook now calls for 5% to 7% constant-currency sales growth and 60 to 80 basis points of operating margin expansion.
- Sales advanced across regions with North America up about 13%, Asia in the mid-teens, Europe growing double-digits, and China exceeding 30%.
- Direct-to-consumer AUR increased roughly 12% alongside about 1.5 million new customers and 38 store openings, as management stays cautious on potential tariff and macro headwinds.