Company Earnings UpdateRalph Lauren (RL) 3Q17 Earnings: CEO Departure Announcement Overshadows 3Q Results Coresight Research February 3, 2017 Executive Summary Ralph Lauren reported 3Q17 adjusted EPS of $1.86, beating the consensus estimate of $1.64. Revenues decreased by 12%, to $1.71 billion from $1.95 billion in the year-ago period, and were in line with guidance. Coinciding with its earnings release, the company announced that CEO Stefan Larsson would depart May 1, 2017. The company maintained its full-year guidance. Consolidated net revenue is expected to decrease at a low-double-digit rate, consistent with the company’s Way Forward plan. Ralph Lauren continues to expect an operating margin of approximately 10% for the full fiscal year. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Earnings Insights 2Q25: Wrap-Up—Most Companies See Sales Improvement Despite Tariff ConcernsWhat You Need to Know About US Tariffs and Consumers’ and Retailers’ Reactions—April 2025 UpdateWeekly US Store Openings and Closures Tracker 2025, Week 31: Trader Joe’s Continues Store ExpansionProfiling Six Artificial Intelligence Startups: AI Showcase Insights
