Ralph Lauren Beats Q1 Estimates and Raises Full-Year Revenue Outlook

Earnings
โดย Insider Monkey·US·Read original
Summary · why it matters

Ralph Lauren Corporation reported fiscal first quarter results that beat analyst expectations and raised its full-year revenue growth forecast. For Q1 2027, the company posted revenue of $1.96 billion and adjusted earnings of $4.59 per share, surpassing estimates of $1.87 billion and $4.32. The company also increased its fiscal 2027 revenue growth guidance to 5% to 6% from the prior 4% to 5%, while noting 14% revenue growth in the quarter and 37 consecutive quarters of higher average retail unit price. Jim Cramer praised CEO Patrice Louvet for the strong quarter and long-term strategy, highlighting growth across all markets including a 40% increase in China. The stock has risen 33.8% over the past year and 7.3% year-to-date, though its forward P/E of 22.27 remains above peers V.F. Corp and PVH Corp.

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Consumer Discretionary · 3 stocks