— Ralph Lauren (NYSE: RL) reported third quarter 2020 adjusted EPS of $2.86 vs. $2.45 expected. GAAP EPS was $4.41 vs. $1.48 in the prior-year quarter.
— Revenue grew 1% to $1.75 billion vs. $1.72 billion expected.
— For fiscal 2020, Ralph Lauren expects revenue to grow 2-3% on a constant currency basis.
— For the fourth quarter of fiscal 2020, revenue is expected to be up slightly both on a constant currency and reported basis.
— North America revenue inched up to $911 million in Q3 2020 from $909 million a year ago.
— Europe revenue increased 3% year-over-year to $438 million.
— Asia revenue rose 5% to $290 million.
— RL stock was trading up about 7% during the pre-market session.
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06