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Ralph Lauren Non-GAAP EPS of $0.90 beats by $0.30, revenue of $1.54B beats by $70M

May 25, 2023 8:04 AM ETRalph Lauren Corporation (RL) StockBy: Niloofer Shaikh, SA News Editor
  • Ralph Lauren press release (NYSE:RL): Q4 Non-GAAP EPS of $0.90 beats by $0.30.
  • Revenue of $1.54B (+0.7% Y/Y) beats by $70M.
  • For the first quarter, the company expects revenues to be flat to up slightly to last year on a constant currency basis.
  • For Fiscal 2024, the company expects revenues to increase approximately low-single digits to last year on a constant currency basis. Based on current exchange rates, foreign currency is expected to benefit revenue growth by approximately 20 basis points in Fiscal 2024.
  • The company is planning capital expenditures of approximately $275 million to $300 million for the year.

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