Insight Report 2 minutes PremiumRalph Lauren [RL] 2Q17 Results: Beats Consensus with “Way Forward” Plan Coresight Research November 11, 2016 Executive Summary Ralph Lauren reported 2Q17 adjusted EPS of$1.90, beating the consensus estimate of $1.71. Revenues decreased by 7.6%, to $1.82 billion, from $1.97 billion in the second quarter last year, and beat the consensus estimate of $1.81 billion. Comparable-store sales decreased by 8%on a reported basis and by 9% in constant currency versus consensus estimates that called for declines of 6% and 7%, respectively. The company maintained its fiscal year 2017 guidance for net revenues to decrease at a low single-digit rate. The company continues to expect its full-year operating margin to be 10%. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: 2Q23 US Earnings Season Wrap-Up: A Mixed Picture Due to Weak Demand and Higher Interest RatesAnalyst Corner—Walmart Leads, Amazon Loses Ground in the Online Grocery Market: US Survey Insights with Sujeet NaikMarket Outlook: India E-Commerce—Online Adoption Expands to the HinterlandsRoblox and Fortnite: Bridges to the Metaverse for Fashion Brands