Ralph Lauren Australia Online
Ralph Lauren Corp. (NYSE: RL) Ralph Lauren recorded a net profit of $170.3 million, up 18.4% from $143.8 million in the same period last year. EPS rose from $1.75 to $2.07, adjusted to $2.26, up 29.1% from $1.75 in the previous year, exceeding market expectations for nine consecutive quarters. Fact and SetRefinitiadj expected the second quarter of the group to be $2.16.
From July to September, Ralph Lauren Group’s revenue grew by 1.6% to $1.699 billion, compared with $1.664.2 billion in the same period last year, better than the expected 0.9% decline in the market, but slower than the first quarter, with a fixed exchange rate growth of 2.1% better than the previous quarter.
During the period, revenue was mainly led by the Asia-Pacific market, with 12.8% growth being the only double-digit growth market. Fixed exchange rate increased to 14.1%, from $216 million to $244.7 million, of which same-store sales increased by 6%. Excluding online business, the growth rate of same-store sales in the Asia-Pacific market dropped to 5%.
Ralph Lauren’s latest quarterly report
Ralph Lauren launched the Western Watch Series in the United States