Evaluate Ralph Lauren's (RL) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Ralph Lauren (RL) posts impressive fourth-quarter fiscal 2024 results. Net revenues increase 2% year over year.
Ralph Lauren Corporation (NYSE:RL ) Q4 2024 Earnings Call Transcript May 23, 2024 9:00 AM ET Company Participants Corinna Van der Ghinst - IR Patrice Louvet - President and CEO Jane Nielsen - COO and CFO Conference Call Participants Jay Sole - UBS Dana Telsey - Telsey Advisory Group Matthew Boss - JPMorgan Michael Binetti - Evercore ISI Ashley Helgans - Jefferies John Kernan - TD Cowen Laurent Vasilescu - BNP Paribas Operator Ladies and gentlemen, thank you for standing by. Welcome to the Ralph Lauren Fourth Quarter and Full Year Fiscal 2024 Earnings Call.
Although the revenue and EPS for Ralph Lauren (RL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ralph Lauren Corp (NYSE:RL) shares traded higher as the luxury fashion brand's fourth quarter fiscal 2024 results were better than expected by Wall Street analysts. For the three months ended March 30, 2024, revenue was up 2% year-over-year at $1.6 billion against the consensus of $1.55 billion.
Ralph Lauren Corp (NYSE:RL) shares traded higher as the luxury fashion brand's fourth quarter fiscal 2024 results were better than expected by Wall Street analysts. For the three months ended March 30, 2024, revenue was up 2% year-over-year at $1.6 billion against the consensus of $1.55 billion.
Ralph Lauren (RL) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $0.90 per share a year ago.
Ralph Lauren Corp.'s stock RL, -2.26% fell premarket, after the apparel and accessories maker's better-than-expected fiscal fourth-quarter earnings weighted against soft guidance for fiscal 2025. The New York-based company had net income of $90.7 million, or $1.38 a share, for the quarter to March 30, up from $32.3 million, or 48 cents a share, in the year-earlier period.
Note: Ralph Lauren's FY'24 ended March 30, 2024
Ralph Lauren's (RL) fiscal fourth-quarter results are likely to reflect solid trends in DTC and expansion across all channels and regions.
Ralph Lauren (RL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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