earnings
confidence high
sentiment positive
materiality 0.75
Ralph Lauren Q3 FY2023 adj EPS $3.35 beats; revenue +1% reported
RALPH LAUREN CORP
2023-Q3 EPS reported
$7.07
revenue$4,902,800,000
- Adjusted EPS $3.35 vs $2.94 prior year; reported EPS $3.20.
- Revenue $1.8B, +1% reported (+7% constant currency); ahead of expectations.
- Regional constant currency growth: Europe +13%, Asia +16%, North America +1%.
- Adjusted operating margin 16.0% at high end of expected range; gross margin 65.2%.
- Returned ~$560M YTD via dividends and buybacks; reiterated FY23 revenue outlook.