Ralph Lauren Corporation’s (RL) shares have risen 2.8% in the past week, following its robust second-quarter fiscal 2025 results on Nov. 7, before market open. The bottom and top lines beat the Zacks Consensus Estimate. Results gained from robust demand and brand strength. Margins were also robust in the fiscal second quarter. The company has raised the revenue and adjusted operating margin view for the current fiscal year, backed by strength in brands and favorable business trends.The company’s digital bus ...

Ralph Lauren Corporation (RL) posted impressive second-quarter fiscal 2025 results, wherein the bottom and top lines beat the Zacks Consensus Estimate. Results have gained from robust demand and brand strength.RL reported adjusted earnings per share of $2.54, which surpassed the consensus estimate of $2.43. Also, the bottom line increased from $2.10 per share in the year-earlier quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Net revenues grew 6% year over year to $1,726 mil ...

Core Insights - Ralph Lauren reported $1.73 billion in revenue for the quarter ended September 2024, a year-over-year increase of 5.7% and an EPS of $2.54 compared to $2.10 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $1.67 billion by 3.16%, and the EPS surpassed the consensus estimate of $2.43 by 4.53% [1] Revenue Performance by Geography - Geographic Net revenues in Europe reached $565.90 million, exceeding the average estimate of $541.61 million, with a year-over-year change of +7.4% [3] - Geographic Net revenues in Asia were $380.20 million, above the estimated $369.36 million, reflecting a +9.1% change year-over-year [3] - Geographic Net revenues from Other Licensing amounted to $40.40 million, surpassing the estimate of $37.50 million, with a +1% change year-over-year [3] - Geographic Net revenues in North America totaled $739.50 million, exceeding the estimate of $725.81 million, with a +3% change year-over-year [3] Wholesale and Retail Performance - Geographic Net revenues in Asia Wholesale were $24 million, below the average estimate of $30.05 million, representing a -20.8% change year-over-year [3] - Geographic Net revenues in Europe Wholesale reached $293 million, slightly above the estimate of $292.98 million, with a +1.6% change year-over-year [3] - Geographic Net revenues in Europe Retail were $272.90 million, exceeding the estimate of $244.95 million, reflecting a +14.5% change year-over-year [3] - Geographic Net revenues in North America Wholesale were $272.20 million, below the estimate of $279.33 million, with a -2.8% change year-over-year [3] - Geographic Net revenues in North America Retail totaled $467.30 million, surpassing the estimate of $452.03 million, with a +6.7% change year-over-year [3] Overall Revenue Metrics - Net revenues from Licensing were $40.40 million, exceeding the estimate of $36 million, with a +1% change year-over-year [3] - Net revenues from Retail reached $1.10 billion, above the average estimate of $1.04 billion, reflecting a +10.3% change year-over-year [3] - Net revenues from Wholesale were $589.20 million, below the average estimate of $602.35 million, representing a -1.6% change year-over-year [3] Stock Performance - Ralph Lauren shares returned +6.3% over the past month, outperforming the Zacks S&P 500 composite's +3.2% change [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [4]

Ralph Lauren (RL) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.43 per share. This compares to earnings of $2.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.53%. A quarter ago, it was expected that this upscale clothing company would post earnings of $2.45 per share when it actually produced earnings of $2.70, delivering a surprise of 10.20%.Over the last four quarters, t ...

Financial Performance - Second quarter revenue increased 6% to $1.7 billion on a reported basis, with a 10% growth in global direct-to-consumer comparable store sales[1][6] - Earnings per diluted share for the second quarter were $2.31, up 5% year-over-year on a reported basis, and $2.54, up 21% on an adjusted basis[1][14] - Net revenues for the three months ended September 28, 2024, increased to $1,726.0 million, a 5.7% increase compared to $1,633.0 million for the same period in 2023[34] - Gross profit for the six months ended September 28, 2024, was $2,221.5 million, up from $2,102.1 million in the prior year, reflecting a strong performance[34] - Operating income for the three months ended September 28, 2024, was $178.9 million, compared to $164.5 million in the same period last year, indicating a growth of 8.2%[34] - The company reported a net income of $147.9 million for the three months ended September 28, 2024, slightly up from $146.9 million in the prior year[34] - Net revenues for the six months ended September 28, 2024, were reported at $3,238.2 million, with a gross profit of $2,221.5 million, resulting in a gross profit margin of 68.6%[46] - Operating income for the same period was $387.4 million, with an operating margin of 12.0%[46] - Net income for the six months ended September 28, 2024, was $316.5 million, translating to a net income per diluted common share of $4.93[46] Revenue by Geography - Revenue growth by geography included Asia up 9% to $380 million, Europe up 7% to $566 million, and North America up 3% to $739 million[5][7][8] - North America segment revenues increased by 3.0% to $739.5 million for the three months ended September 28, 2024, compared to $717.8 million in the same period last year[37] - Europe segment revenues grew by 7.4% to $565.9 million for the three months ended September 28, 2024, compared to $526.8 million in the same period last year[39] - Asia segment revenues increased by 9.1% to $380.2 million for the three months ended September 28, 2024, compared to $348.4 million in the same period last year[39] - North America contributed $739.5 million to net revenues, while Europe and Asia contributed $565.9 million and $380.2 million, respectively[45] Shareholder Returns - The company returned approximately $375 million to shareholders through dividends and stock repurchases year-to-date[1][16] - The company declared a dividend of $0.825 per share for the three months ended September 28, 2024, up from $0.75 per share in the prior year[34] Assets and Liabilities - Total assets increased to $6,800.0 million as of September 28, 2024, compared to $6,602.6 million on March 30, 2024, and $6,723.1 million on September 30, 2023[33] - Cash and cash equivalents decreased to $1,355.0 million from $1,662.2 million in March 2024 and $1,381.8 million in September 2023[33] - Current liabilities increased significantly to $2,092.4 million from $1,467.2 million in March 2024 and $1,610.4 million in September 2023[33] - Long-term debt decreased to $742.2 million from $1,140.5 million in March 2024 and $1,139.5 million in September 2023[33] - Retained earnings increased to $7,265.4 million from $7,051.6 million in March 2024 and $6,779.7 million in September 2023[33] - Total equity slightly decreased to $2,442.3 million from $2,450.3 million in March 2024 and increased from $2,369.2 million in September 2023[33] Inventory Management - Inventory at the end of the second quarter was $1.1 billion, down 6% compared to the prior year, indicating strategic reductions in North America[16] - Inventories rose to $1,127.9 million, up from $902.2 million in March 2024 and down from $1,195.3 million in September 2023[33] - Future strategies include managing inventory levels effectively and responding to changing consumer demands[30] Direct-to-Consumer Strategy - The company acquired 1.5 million new consumers in direct-to-consumer businesses, with over 62 million social media followers, reflecting a low double-digit increase from last year[3] - The company is focused on expanding its direct-to-consumer presence and enhancing digital capabilities[30] - The total number of directly operated stores globally increased to 570 as of September 28, 2024, compared to 564 a year earlier[44] - The company reported a total of 238 Ralph Lauren stores in Asia, an increase from 128 stores in the previous year[44] Operating Expenses - The company recorded total other operating expenses of $(1,834.1) million for the six months ended September 28, 2024, reflecting a significant impact on overall profitability[46] - Total adjusted other operating expenses, net excluding marketing expenses for the three months ended September 30, 2023, were $763.5 million, with an operating expense margin of 46.8%[57] - The company reported total other operating expenses, net as adjusted (including marketing) of $896.6 million for the same period[57] - The operating expense margin for the three months ended September 30, 2023, was 54.9% when including marketing expenses[57] Guidance and Future Outlook - The company expects full year Fiscal 2025 revenue growth in the range of 3% to 4%, with operating margin expansion of approximately 110 to 130 basis points[19][20] - Capital expenditures for Fiscal 2025 are projected to be approximately $250 million to $300 million[22] - Full year Fiscal 2025 guidance excludes potential restructuring-related and other charges that may be incurred in future periods[61] - The company is unable to provide a full reconciliation of non-U.S. GAAP financial measures to U.S. GAAP due to the uncertain nature of potential future charges[61]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Ralph Lauren Corporation (RL) is set to report second-quarter fiscal 2025 results on Nov. 7, before market open. The Zacks Consensus Estimate for revenues is pegged at $1.49 billion, which indicates a decrease of 0.6% from the year-ago quarter’s reported figure.The consensus estimate for earnings is pegged at $2.41 per share, which indicates growth of 14.8% from the year-earlier actual. The consensus mark for earnings has moved up a penny in the past seven days.In the last reported quarter, the company’s bo ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks ...

Ralph Lauren (RL) ended the recent trading session at $203.56, demonstrating a +0.26% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.16%. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq gained 0.78%. Shares of the upscale clothing company have appreciated by 4.72% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 0.21% and the S&P 500's gain of 1.67%. The investment community will be ...

NEW YORK, Oct. 28, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Ralph Lauren Corporation (NYSE: RL) on behalf of the company's shareholders. The investigation seeks to determine whether Ralph Lauren's directors breached their fiduciary duties in connection with recent corporate actions. If you are a shareholder of Ralph Lauren Corporation and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm ...