Ralph Lauren Maintains FY23 Revenue Growth Outlook - Update

RTTNews | vor 1020 Tagen
Ralph Lauren Maintains FY23 Revenue Growth Outlook - Update

(RTTNews) - While reporting its financial results for the second quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) maintained its revenue growth guidance for the full-year 2023. It also provided revenue growth outlook for the third quarter.

For fiscal 2023, the company continues to expect constant currency revenues to increase approximately in the high-single digits, or about 8 percent. Foreign currency is now expected to negatively impact revenue growth by approximately 730 basis points.

For the third quarter, the company expects revenue growth in the low- to mid-single digits in constant currency. Foreign currency is expected to negatively impact revenue growth by approximately 780 basis points.

On average, analysts polled by Thomson Reuters expect the net sales of $1.80 billion for the quarter and net sales growth of 1.6 percent to $6.32 billion for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Ralph Lauren Reiterates FY25 Revenue Growth Outlook - Update

Ralph Lauren Reiterates FY25 Revenue Growth Outlook - Update

While reporting its financial results for the first quarter on Wednesday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth for the second quarter in about low-to mid-single digits from last year on a constant currency basis, centering around 3 to 4 percent.
RTTNews | vor 384 Tagen
Ralph Lauren Reiterates FY24 Revenue Growth Outlook - Update

Ralph Lauren Reiterates FY24 Revenue Growth Outlook - Update

While reporting its financial results for the third quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth to be in a range centered around 2 percent in constant currency to last year.
RTTNews | vor 565 Tagen
Ralph Lauren Reiterates FY23 Revenue Growth Outlook - Update

Ralph Lauren Reiterates FY23 Revenue Growth Outlook - Update

While reporting its financial results for the first quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenues to be flat to up slightly in constant currency for the second quarter.
RTTNews | vor 747 Tagen
Ralph Lauren Reaffirms FY23 Revenue Growth Outlook - Update

Ralph Lauren Reaffirms FY23 Revenue Growth Outlook - Update

While reporting its financial results for the third quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenues to increase mid- to high-single digits in constant currency for the fourth quarter. Including last year's 53rd week, the Company expects reported revenue to increase 1% to 2% in constant currency to last year.
RTTNews | vor 929 Tagen
Ralph Lauren Affirms FY23 Revenue Growth Outlook - Update

Ralph Lauren Affirms FY23 Revenue Growth Outlook - Update

While reporting its financial results for the first quarter on Tuesday, luxury fashion house Ralph Lauren Corp. (RL) affirmed its revenue growth guidance for the full-year 2023. It also provided revenue growth outlook for the second quarter.
RTTNews | vor 1113 Tagen
European Economic News Preview: German GfK Consumer Confidence Due

European Economic News Preview: German GfK Consumer Confidence Due

Consumer sentiment survey data from Germany is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK publishes Germany's monthly consumer confidence survey results. The consumer sentiment indicator is forecast to fall to -22 in September from -21.5 in August.
RTTNews | vor 33 Minuten
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | vor 1Std 23 Minuten
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation, which could impact the outlook for interest rates.
RTTNews | vor 1Std 26 Minuten