earnings
confidence high
sentiment positive
materiality 0.80
Ralph Lauren Q2 FY2022 revenue $1.5B (+26% YoY), adj. EPS $2.62; raises FY22 guidance
RALPH LAUREN CORP
2022-Q2 EPS reported
$4.75
revenue$2,880,400,000
- Revenue $1.5B, +26% reported (+25% constant currency); reported EPS $2.57, adj. EPS $2.62.
- North America revenue +30% (comp sales +31%); Europe +38%; Asia +14%; global digital ecosystem +45%.
- Adj. operating margin 17.1%, up 450 bps YoY, highest Q2 since FY2013; AUR +14% DTC.
- FY22 constant currency revenue growth guidance raised to +34-36%; Q3 revenue expected +14-16%.
- Share repurchases to resume H2 FY22; $580M remaining under authorization; cash and investments $3.1B.