Company Earnings Update 3 minutesRegister for Free AccessRALPH LAUREN (RL) Fiscal 1Q18 Results: Beats Consensus Estimates and Maintains Guidance Coresight Research August 9, 2017 Executive Summary Ralph Lauren reported 1Q18 adjusted EPS of $1.11, beating the consensus estimate of $0.95. Revenues decreased by 12.9%, to $1.35 billion from $1.55 billion in the year-ago period, beating the consensus estimate of $1.34 billion. Total Ralph Lauren comparable store sales decreased by 7%, beating the consensus estimate of an 8.3% decline. The company maintained its full-year guidance of a net revenue decrease of 8%–9%, excluding the impact of foreign currency. In the second quarter of fiscal 2018, the company expects net revenues to be down 9%–10%, excluding the impact of foreign currency. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Mass Merchandiser and Warehouse Club Shopping in Focus—Walmart Leads; High Purchase Rates for Daily Essentials: US Consumer Survey InsightsStore Tracker Extra: UK Store Openings and Closures 2024 Review and 2025 Outlook—InfographicSustained Stimulus Measures Give Rise to Consumer Optimism: China Consumer Survey InsightsHoliday 2024: UK Retail Wrap-Up—Cautious Spending and Late Shopping Fuel Volatile Peak Trading