Ralph Lauren Corporation
Ralph Lauren Reports Q1 Fiscal 2025 Results and Reaffirms Outlook
Summary
Ralph Lauren Corporation reported its first quarter fiscal 2025 results on August 7, 2024, with net revenues increasing 1% to $1.5 billion on a reported basis and 3% in constant currency. The company delivered earnings per diluted share of $2.61 on a reported basis, up 33% from the prior year, and $2.70 on an adjusted basis. Global direct-to-consumer comparable store sales grew 5%. The company maintained a healthy balance sheet, returned approximately $225 million to shareholders through dividends and share repurchases, and reaffirmed its full-year fiscal 2025 outlook of low-single-digit revenue growth and adjusted operating margin expansion of 100 to 120 basis points in constant currency.
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About Ralph Lauren Corporation
Ralph Lauren Corporation is a global leader in the design, marketing, and distribution of luxury apparel, home, accessories, and fragrances. Founded in 1967 by Ralph Lauren himself, the company is renowned for its high-quality craftsmanship and timeless aesthetic, which has become a hallmark of American fashion. Ralph Lauren's offerings cover a wide range of iconic brands including Polo Ralph Lauren, Lauren Ralph Lauren, and Ralph Lauren Purple Label, catering to diverse customer preferences with products for men, women, and children. The corporation operates through retail stores, department store concessions, and a comprehensive e-commerce platform, making its products accessible worldwide. As a major player in the luxury retail sector, Ralph Lauren Corporation contributes to setting global fashion trends and reshaping lifestyle merchandising. Its extensive distribution network and strong brand recognition mark significant roles in reinforcing market positions across varied geographies and consumer markets.
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