earnings
confidence high
sentiment positive
materiality 0.75
Ralph Lauren Q4 EPS $0.90 adj; revenue up 9% constant currency; FY2024 outlook low-single-digit growth
RALPH LAUREN CORP
2023-FY EPS reported
$7.58
revenue$6,443,600,000
- Q4 reported revenue $1.5B, up 9% constant currency on 13-week comp basis; Asia led with +29% constant currency.
- Adjusted Q4 EPS $0.90 vs $0.49 prior year; operating margin expanded 390 bps to 6.1% constant currency.
- Full FY2023 revenue $6.4B (+10% constant currency); adjusted EPS $8.34; returned $653M to shareholders.
- FY2024 outlook: low-single-digit revenue growth; operating margin +30-50 bps; gross margin +50-100 bps constant currency.
- Q1 FY2024 revenue expected flat to up slightly constant currency; operating margin +30-50 bps.