secwatch.observer — SEC 8-K summary
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Issuer:     RALPH LAUREN CORP (RL)
CIK:        0001037038
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001037038-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ralph Lauren Q3 FY2024 EPS $4.17 adj, revenue $1.9B (+6%), beats expectations; guidance raised
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- Adjusted EPS $4.17 vs $3.35 prior year, up 24%; reported EPS up 31% to $4.19.
- Revenue $1.9B (+6% reported, +5% constant currency) with Asia up 17% constant currency.
- Global DTC comparable store sales accelerated to +9%; AUR up 9% across DTC network.
- Inventory down 15% YoY; returned ~$425M to shareholders YTD via buybacks and dividends.
- FY2024 revenue guidance centered at 2% (from 1-2%); operating margin expansion 30-50bps confirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037038/000103703824000006/0001037038-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037038/000103703824000006/rl-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001037038-24-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer