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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Ralph Lauren Corporation | NYSE:RL | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.30 | 0.79% | 164.92 | 165.71 | 162.47 | 165.29 | 748,868 | 00:15:37 |
From May 2019 to May 2024
By Aisha Al-Muslim
Ralph Lauren Corp. (RL) delivered results in line with overall expectations, with better than expected operating margin and double-digit EPS growth
The New York-based company reported Tuesday a profit for the fiscal 2020 first quarter of $117 million, or $1.47 a share, up from $109 million, or $1.31 a share, a year earlier.
Excluding restructuring-related and other charges, adjusted earnings were $1.77 a share, above the $1.66 a share analysts polled by FactSet were expecting.
Revenue rose 3% to $1.43 billion, within range of the consensus forecast of $1.42 billion. The higher revenue was driven by positive results across regions, including North America, Europe and Asia.
Total Ralph Lauren same-store sales rose 2%, above the 1% FactSet estimate.
Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com
(END) Dow Jones Newswires
July 30, 2019 08:37 ET (12:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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