Company Forecasts Low-Single Digit Revenue Growth for Fiscal 2025

  • Ralph Lauren’s fourth-quarter earnings beat expectations
  • Company raised its quarterly dividend by 10% to $0.825 per share
  • Net income increased to $90.7 million from $32.3 million in the previous year
  • Adjusted earnings were $1.71, higher than the expected $1.67 per share
  • Same-store sales rose 6% compared to a predicted 5.1% increase
  • DTC now accounts for two-thirds of the business, up from 55% in 2017
  • Women’s, outerwear, and home divisions performed well
  • Asia led growth, followed by Europe and North America
  • Fiscal 2025 revenue expected to increase by low-single digits on a constant currency basis
  • First-quarter revenue forecasted to be slightly up on a constant currency basis but down slightly reported
  • Justin Picicci named as new CFO effective May 23

Ralph Lauren Corp.’s stock rose after posting better-than-expected fiscal fourth-quarter earnings and raising its quarterly dividend by 10% to $0.825 per share. The company’s net income increased to $90.7 million from $32.3 million in the previous year, with adjusted earnings at $1.71 per share, surpassing the expected $1.67. Same-store sales rose 6%, contrary to a predicted 5.1% increase. Direct-to-consumer channels now account for two-thirds of the business, up from 55% in 2017. Women’s, outerwear, and home divisions performed well, driving growth in Asia, Europe, and North America. Ralph Lauren expects low-single digit revenue growth for fiscal 2025 on a constant currency basis.

Factuality Level: 8
Factuality Justification: The article provides accurate and objective information about Ralph Lauren Corp.’s fiscal fourth-quarter earnings, including financial details such as net income, adjusted per-share earnings, revenue, and same-store sales. It also discusses the company’s growth strategies and plans for the future. The article is free from sensationalism, redundancy, and personal perspective, making it a reliable source of information.
Noise Level: 7
Noise Justification: The article provides a brief overview of Ralph Lauren Corp.’s financial performance and some details about their strategy and growth areas, but it lacks in-depth analysis or exploration of long-term trends or consequences of decisions. It also does not offer much actionable insights for readers.
Public Companies: Ralph Lauren Corp. (RL)
Key People: Patrice Louvet (Chief Executive), Justin Picicci (Chief Financial Officer)

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Financial Relevance: Yes
Financial Markets Impacted: Ralph Lauren Corp.’s stock
Financial Rating Justification: The article discusses the company’s financial performance and its impact on the stock market, including better-than-expected fiscal fourth-quarter earnings, raised dividend, and future revenue expectations.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the article.

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