secwatch.observer — SEC 8-K summary
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Issuer:     RALPH LAUREN CORP (RL)
CIK:        0001037038
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001037038-22-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ralph Lauren Q2 revenue +13% constant currency; adjusted EPS $2.23, ahead of expectations
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- Revenue $1.6B (+5% reported, +13% constant currency); adjusted diluted EPS $2.23 vs $2.62 prior year.
- Adjusted operating margin 13.4% slightly above outlook; FY2023 margin guidance at low end of 14.0%-14.5% range.
- Asia revenue +33% constant currency; Europe +15%; North America +3%.
- Repurchased ~$170M of Class A common stock during Q2; inventory $1.3B, up 36%.
- Q3 revenue expected +low- to mid-single digits constant currency; operating margin 17.3%-17.8% constant currency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037038/000103703822000029/0001037038-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037038/000103703822000029/rl-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001037038-22-000029

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