Ralph Lauren Reports Fourth Quarter and Full Year Fiscal 2023 Results Ahead of Expectations; Provides Initial Outlook for Fiscal 2024

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Go back to Ralph Lauren Reports Fourth Quarter and Full Year Fiscal 2023 Results Ahead of Expectations; Provides Initial Outlook for Fiscal 2024

Ralph Lauren (RL) Tops Q4 EPS by 30c

May 25, 2023 8:03 AM EDT

Ralph Lauren (NYSE: RL) reported Q4 EPS of $0.90, $0.30 better than the analyst estimate of $0.60. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.47 billion.

Full Year Fiscal 2024 and First Quarter Outlook:

The Company's outlook is based on its best assessment of the current macroeconomic environment, including inflationary pressures and other consumer spending-related headwinds, foreign currency volatility, the war in Ukraine and COVID-19-related impacts, among others. The full year Fiscal 2024 and first quarter guidance excludes any potential restructuring-related and other net charges that... More