Ralph Lauren Reports Second Quarter Fiscal 2021 Results

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Ralph Lauren (RL) Tops Q2 EPS by 54c, Revenues Miss

October 29, 2020 8:03 AM EDT

Ralph Lauren (NYSE: RL) reported Q2 EPS of $1.44, $0.54 better than the analyst estimate of $0.90. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.21 billion.

Maintained Balance Sheet Strength and Liquidity with $2.4 Billion in Cash and Investments and Continued Expense Reductions and Inventory DisciplineSecond Quarter Revenues Were $1.2 Billion Reflecting Continued Recovery from COVID-19-Related Impacts,... More