Ralph Lauren Reports Fourth Quarter and Full Year Fiscal 2019 Results
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May 14, 2019 8:04 AM EDT
Ralph Lauren (NYSE: RL) declared a quarterly dividend of $0.6875 per share, or $2.75 annualized. This is a 10% increase from the prior dividend of $0.625.
The dividend will be payable on July 12, 2019, to stockholders of record on June 28, 2019, with an ex-dividend date of June 27,... More
May 14, 2019 8:02 AM EDT
Ralph Lauren (NYSE: RL) reported Q4 EPS of $1.07, $0.18 better than the analyst estimate of $0.89. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.47 billion.
Full Year Fiscal 2020 and First Quarter Outlook
The full year Fiscal 2020 and first quarter guidance excludes restructuring-related and other charges, as described in the Non-U.S. GAAP Financial Measures section of this press release.
For Fiscal 2020, the Company expects net revenue to be up 2% to 3% on a constant currency basis. Foreign currency is expected to negatively impact revenue growth by 90 to 100 basis points in Fiscal... More
