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%. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Holiday 2022: UK Retail Wrap-UpWeinswig’s Weekly: Here’s How US Consumers Will Spend Labor DayWeekly US and UK Store Openings and Closures Tracker 2023, Week 42: US Store Openings Surpass 5,000November 2023 China Retail Sales: Growth Continues To Strengthen