Ralph Lauren Reports First Quarter Fiscal 2023 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Ralph Lauren (RL) Tumbles Despite Resilient Demand as 'Guidance Pressured'
August 9, 2022 1:22 PM EDTRalph Lauren (NYSE: RL) shares tumbled Tuesday despite posting earnings before the open, topping earnings and revenue estimates as consumer demand for luxury items continues to remain elevated.
Ralph Lauren reported fiscal first-quarter earnings of $1.88, $0.17 better than the analyst estimate of $1.71, with revenue for the quarter coming in at $1.5 billion versus the consensus estimate of $1.4 billion.
Ralph Lauren reiterated its full-year fiscal 2023 outlook,... More
Ralph Lauren (RL) Tops Q1 EPS by 17c
August 9, 2022 8:02 AM EDTRalph Lauren (NYSE: RL) reported Q1 EPS of $1.88, $0.17 better than the analyst estimate of $1.71. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.4 billion.
Full Year Fiscal 2023 and Second Quarter Outlook:
The Company's outlook is based on its best assessment of the current macroeconomic environment, including ongoing global supply chain and inflationary pressures, foreign currency volatility, the war in Ukraine, COVID-19 variants and other COVID-related disruptions. The full year Fiscal 2023 and second quarter guidance excludes restructuring-related and other net charges, as described in the "Non-U.S.... More
