earnings
confidence high
sentiment positive
materiality 0.75
Ralph Lauren Q2 FY2024 beats expectations; EPS $2.19, revenue +3% to $1.6B
RALPH LAUREN CORP
2024-Q2 EPS reported
$4.15
revenue$3,129,500,000
- Revenue $1.6B, up 3% reported (+2% constant currency), ahead of outlook.
- Reported EPS $2.19, adjusted EPS $2.10 vs $2.23 adjusted last year.
- Global comp store sales +6%, AUR +10% across direct-to-consumer network.
- Asia revenue +13% constant currency, China up >20%; North America -1%.
- Full-year FY2024 guidance reaffirmed: revenue +1-2% constant currency, op margin expand 30-50 bps.