Ralph Lauren (RL) Reports Q2 Earnings: What Key Metrics Have to Say

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]