Ralph Lauren (RL) Tops Q4 EPS by $1.11
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Ralph Lauren Reports Fourth Quarter and Full Year Fiscal 2021 Results
May 20, 2021 8:01 AM EDTFourth Quarter Revenues Increased 1% to $1.29 Billion, Exceeding Expectations with Positive Growth in Asia and Europe Global Digital Commerce Sales Accelerated to 52% Driven by All Regions in the Fourth Quarter, Ending the Fiscal Year with Digital Operating Margins Accretive to Each Geography Stronger than Expected Fourth Quarter Gross and Operating Margins Driven by a 30% Increase in Average Unit Retail and Continued Expense Reductions Final Stage of Fiscal 2021 Strategic Realignment Plan Announced with Anticipated Sale of Club Monaco Quarterly Dividend Reinstated in the First Quarter of Fiscal 2022 at $0.6875 Per Share, In-Line with Pre-Pandemic... More
