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Ralph Lauren Reiterates FY23 Revenue Growth Outlook - Update
(RTTNews) - 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.
For fiscal 2023, the company also continues to expect constant currency revenues to increase approximately low-single digits to last year.
On average, analysts polled by Thomson Reuters expect a net sales decline of 4.60 percent to $1.63 billion for the quarter and net sales growth of 2.80 percent to $6.62 billion for the year.
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Ralph Lauren Maintains FY23 Revenue Growth Outlook - Update
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.
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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.
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European Shares Seen Tad Lower At Open
European stocks may drift lower on Wednesday as market participants assess the outcome of U.S.-China trade negotiations.
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Sensex, Nifty Marginally Higher In Lackluster Trade
Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
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Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
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