Ralph Lauren Corp Class ARL
▲ PositiveCapitalrelevance
Q2 earnings beat with 14% revenue growth and EPS above estimates.
Impact on stocks 1
Consumer Discretionary
Ralph Lauren Corp Class ARalph Lauren reported second-quarter revenue of $1.96 billion, beating analyst estimates of $1.87 billion and growing 14% year over year. Adjusted EPS came in at $4.59 versus expectations of $4.32, while operating margin expanded to 18.4% from 15.9% a year earlier. The company guided third-quarter revenue to $2.12 billion at the midpoint, roughly in line with analyst forecasts. CEO Patrice Louvet highlighted the addition of 1.5 million new customers to direct-to-consumer channels, and CFO Justin Picicci attributed margin gains to improved full-price selling and disciplined expense management.
Ralph Lauren Corp Class AQ2 earnings beat with 14% revenue growth and EPS above estimates.