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Ralph Lauren (RL) Q3 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-08 15:11
Ralph Lauren (RL) came out with quarterly earnings of $4.17 per share, beating the Zacks Consensus Estimate of $3.53 per share. This compares to earnings of $3.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.13%. A quarter ago, it was expected that this upscale clothing company would post earnings of $1.92 per share when it actually produced earnings of $2.10, delivering a surprise of 9.38%.Over the last four quarters, t ...
Ralph Lauren Reports Strong Third Quarter Fiscal 2024 Holiday Results Ahead of Expectations
Businesswire· 2024-02-08 13:01
NEW YORK--(BUSINESS WIRE)--Ralph Lauren Corporation (NYSE:RL), a global leader in the design, marketing, and distribution of luxury lifestyle products, today reported earnings per diluted share of $4.19, up 31% to prior year on a reported basis and $4.17, up 24% on an adjusted basis, excluding restructuring-related and other net charges for the third quarter of Fiscal 2024. This compared to earnings per diluted share of $3.20 on a reported basis and $3.35 on an adjusted basis, excluding restructuring-relate ...
What To Expect From Ralph Lauren's Q3 After Stock Up 40% Since 2023?
Forbes· 2024-02-07 17:15
26 December 2023, North Rhine-Westphalia, Cologne: Logo, lettering of the textile company Polo Ralph ... [+] Lauren on a store. Photo: Horst Galuschka/dpa (Photo by Horst Galuschka/picture alliance via Getty Images)dpa/picture alliance via Getty ImagesNote: Ralph Lauren’s FY’23 ended on April 1, 2023 Ralph Lauren (NYSE: RL), a company engaged in the design, marketing, and distribution of premium lifestyle products, including apparel, accessories, fragrances, and home furnishings, is scheduled to report its ...
Ralph Lauren(RL) - 2024 Q3 - Quarterly Report
2024-02-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) 650 Madison Avenue, 10022 New York, New York (Zip Code) (Address of principal executive of ices) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-13057 Ralph Lauren Corporation (Exact name of registrant as s ...
Why Earnings Season Could Be Great for Ralph Lauren (RL)
Zacks Investment Research· 2024-02-07 15:01
Investors are always looking for stocks that are poised to beat at earnings season and Ralph Lauren Corporation (RL) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Ralph Lauren is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a prett ...
Wall Street's Insights Into Key Metrics Ahead of Ralph Lauren (RL) Q3 Earnings
Zacks Investment Research· 2024-02-05 15:21
The upcoming report from Ralph Lauren (RL) is expected to reveal quarterly earnings of $3.53 per share, indicating an increase of 5.4% compared to the year-ago period. Analysts forecast revenues of $1.86 billion, representing an increase of 1.8% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 2.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a compan ...
Ralph Lauren (RL) to Report Q3 Earnings: What's on the Cards?
Zacks Investment Research· 2024-02-02 17:20
Ralph Lauren Corporation (RL) is expected to register top-line growth when it reports third-quarter fiscal 2024 numbers on Feb 8, before the opening bell. The Zacks Consensus Estimate for third-quarter fiscal 2024 revenue is pegged at $1.86 billion, which indicates an increase of 1.6% from the year-ago quarter’s reported figure.The Zacks Consensus Estimate for fiscal third-quarter earnings is pegged at $3.49 per share, which suggests growth of 4.2% from the year-ago quarter’s reported figure. The consensus ...
Ralph Lauren (RL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-02-01 16:06
Ralph Lauren (RL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February ...
Will Ralph Lauren (RL) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-01-26 18:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Ralph Lauren (RL) , which belongs to the Zacks Textile - Apparel industry, could be a great candidate to consider.When looking at the last two reports, this upscale clothing company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 9.11%, on average, in the last two quarters.For the most recent quarter, ...
Here's Why Ralph Lauren (RL) Stock is Poised for Growth in 2024
Zacks Investment Research· 2024-01-03 22:17
Ralph Lauren Corporation (RL) seems to be doing well on the bourses, thanks to its digital endeavors and other robust strategies. Undoubtedly, management is focused on enhancing digital capabilities, deepening relations with customers via marketing, expanding international markets and efficiently controlling expenses.Its Next Great Chapter plan appears encouraging. As part of the plan, it completed the transition of Chaps to a licensed business, thus concluding its portfolio realignment announced last year. ...