Ralph Lauren (RL) Tops Q3 EPS by 32c; Raises Outlook
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Ralph Lauren Reports Third Quarter Fiscal 2025 Holiday Results Above Expectations and Raises Full Year Outlook
February 6, 2025 8:01 AM ESTThird Quarter Revenue Increased 11%, Ahead of Expectations, with Better Than Expected Holiday Performance in All Geographies Driving Outperformance Global Direct-to-Consumer Comparable Store Sales Grew 12%, Driven by Positive Retail Comps Across Regions and Channels; Global Wholesale Sales Increased High-Single Digits Including a Return to Growth in North America Wholesale Adjusted Gross and Operating Margin Expansion Exceeded Our Outlook, with Strong Full-Price Demand and Expense Discipline More than Offsetting Investments in Marketing and Key Cities Maintained Healthy Balance Sheet with Accelerated Free Cash Flows and Well-Positioned Inventories at Quarter-End Returned Approximately $500 Million... More
