Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site.... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

3 minutes

Ralph Lauren (NYSE: RL) 4Q19 Results: EPS Beats Expectations

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Other
Company Earnings Update

Executive Summary

  • Ralph Lauren reported fiscal 4Q19 adjusted EPS of $1.07, above the $0.89 consensus estimate. Revenues in the fourth quarter dropped 1.3% to $1.51 billion on a reported basis, driven by declining sales in North America, but were above the $1.48 billion consensus estimate.
  • Total comparable store sales were up 1% compared to the year-ago quarter. Comps in North America were down 4%, including a 7% decline in brick-and-mortar stores and a 6% rise in digital sales. Comps in Europe and Asia experienced a 5% and 4% lift, respectively.
  • For FY20, the company expects net revenues to increase by 2%–3%. Foreign currency is expected to have a negative impact of 90-100 basis points for the year. For 1Q20, the company expects revenue to increase 3% to 5% in constant currency due to the positive impact of Easter.

Please Login to read the full report. Not a member? Register for a free user account.