- Adjusted EPS: $2.70, exceeding the estimate of $2.47.
- Net Revenue: $1.51 billion, beating the estimate of $1.49 billion.
- North America Revenue: $608.2 million, slightly below the estimate of $619 million.
- Europe Revenue: $479.1 million, surpassing the estimate of $447.1 million.
- Asia Revenue: $390.9 million, above the estimate of $386.4 million.
- Other Non-Reportable Segments Net Revenue: $34.0 million, below the estimate of $35.9 million.
- Wholesale Revenue: $445.6 million, higher than the estimate of $436.3 million.
- Total Directly Operated Stores: 565, under the estimate of 572.2.
- Concessions: 697, less than the estimate of 702.75.
- Total Comp Sales Constant Currency: Increased by 5%, surpassing the estimate of 3.52%.
- North America Comp Sales Constant Currency: Increased by 1%, below the estimate of 2.98%.
- Europe Comp Sales Constant Currency: Increased by 8%, above the estimate of 5.58%.
- Asia Comp Sales Constant Currency: Increased by 9%.
- Full-Year Outlook: Reaffirmed low-single-digit revenue growth and adjusted operating margin expansion of 100 to 120 basis points in constant currency.
- CEO Comments: Delivered a solid start to the year with top- and bottom-line performance exceeding expectations, driven by direct-to-consumer and international businesses.
- Analyst Ratings: 12 buys, 6 holds, 3 sells.
Ralph Lauren on Smartkarma
Analyst coverage on Ralph Lauren on Smartkarma reveals positive sentiments from Baptista Research. In their report “Ralph Lauren Corporation: Will Its Focus on Direct-to-Consumer (DTC) Channel Growth Especially In Asia Pay Off? – Major Drivers,” the company showcased strong fiscal performance amid global uncertainties. President and CEO, Patrice Louvet, emphasized progress on various fronts, indicating resilience and successful execution of strategic plans.
Furthermore, Baptista Research‘s analysis in “Ralph Lauren Corporation: Direct-to-Consumer (DTC) Business & Store Growth & Other Major Drivers” highlighted the brand’s robust financial performance in Q3. Ralph Lauren exceeded expectations in top and bottom-line results, emphasizing brand immersion to drive global resonance and pricing power. The reports indicate a bullish outlook on Ralph Lauren‘s growth trajectory and strategic initiatives.
A look at Ralph Lauren Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Ralph Lauren Corporation seems to have a positive long-term outlook. The company scores well in Growth, Resilience, and Momentum, with high ratings of 5, 3, and 3, respectively. This indicates that Ralph Lauren has strong potential for future growth and is able to weather economic challenges with relative stability. The company’s diverse product offerings in apparel, accessories, fragrances, and home furnishings, sold under multiple brands, contribute to its robust performance across different market conditions.
Ralph Lauren‘s Value score is rated at 2, signaling some room for improvement in this area. However, the company scores well in Dividend at 3, indicating a moderate level of dividend performance. Overall, with a strong emphasis on growth, resilience, and momentum, Ralph Lauren appears to be positioned for a promising future in the fashion and lifestyle industry with its varied product lines and established market presence.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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