Ralph Lauren Reiterates FY25 Revenue Growth Outlook - Update

RTTNews | 309 days ago
Ralph Lauren Reiterates FY25 Revenue Growth Outlook - Update

(RTTNews) - 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.

For fiscal 2024, the company also continues to expect revenues to increase in about low-single digits from last year on a constant currency basis, centering on around 2 to 3 percent.

On average, analysts polled by Thomson Reuters expect net sales of $1.68 billion for the quarter and net sales growth of 2.30 percent to $6.78 billion for the year.

The Company continues to expect capital expenditures for Fiscal 2025 of approximately $300 million to $325 million.

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

read more
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 | 490 days ago
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 | 854 days ago
Ralph Lauren Maintains FY23 Revenue Growth Outlook - Update

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.
RTTNews | 945 days ago
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 | 1038 days ago
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday after opening in the green, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness is technology stocks partially offset by gains in gold miners and energy stocks.
RTTNews | 11 minutes ago
China Stock Market May Add To Its Winnings On Friday

China Stock Market May Add To Its Winnings On Friday

The China stock market has moved higher in back-to-back sessions, collecting more than 15 points or 0.4 percent in that span. The Shanghai Composite Index now sits just above the 3,400-point plateau and it's expected to see continued strength on Friday.
RTTNews | 16 minutes ago
Taiwan Shares May Bounce Higher Again On Friday

Taiwan Shares May Bounce Higher Again On Friday

The Taiwan stock market on Thursday ended the three-day winning streak in which it had rallied more than 810 points or 3.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,290-point plateau and it may see renewed support on Friday.
RTTNews | 46 minutes ago