- 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.