Ralph Lauren: quarterly net profit up 27%

(CercleFinance.com) - Ralph Lauren reports net sales of $1,512m for Q1 2024/25 (April-May-June 2024), reflecting flat activity y-o-y ($1,496m).


EBIT increased 25% to $208m, with net income up 27% y-o-y to $168m. EPS reached $2.61, up 33%.

We've had a good start to the year, with Q1 performance exceeding our expectations in terms of sales and net income, management said.

Against this backdrop, Ralph Lauren confirmed its outlook for 2025, targeting low-single-digit growth in sales and a 100bp-120bp expansion in its adjusted operating margin.


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