Ralph Lauren Corporation Reports Strong Q4 Results
<p><a href='https://financialmodelingprep.com/financial-summary/RL'>Ralph Lauren Corporation (NYSE:RL) </a>reported its Q4 results, with EPS coming in at $0.49, better than the Street estimate of $0.38. Revenue was $1.5 billion, compared to the Street estimate of $1.46 billion.</p>
<p>The company delivered a solid quarter with broad-based growth across all regions as well as a healthy gross margin at up 45 bps year-over-year.</p>
<p>The company is benefitting from a consumer that is both refreshing its core apparel needs, while at the same time making purchases that reflect an increased need for occasion wear and newness. </p>
<p>The company expects constant currency revenues for the full 2023-year to increase approximately high single digits year-over-year.</p>

NYSE:RL