Ralph Lauren: Overview of Fiscal Third Quarter Results
Ralph Lauren Exceeds Earnings Expectations in Fiscal Q3
Ralph Lauren Corp., headquartered in New York, announced a net profit of $361.6 million for its fiscal third quarter.
The company reported earnings of $5.82 per share, with adjusted earnings—excluding one-time expenses—reaching $6.22 per share.
These results outperformed analysts’ predictions, as the consensus estimate from five Zacks Investment Research analysts was $5.80 per share.
Revenue for the quarter came in at $2.41 billion, also beating expectations. Analysts surveyed by Zacks had anticipated revenue of $2.32 billion.
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