Ralph Lauren Corporation (NYSE: RL) reported net revenue of $1.5 billion for the fourth quarter of 2023, up 1% year-over-year. Revenue increased 9% in constant currency.
Net income was $32 million, or $0.48 per share, compared to $24 million, or $0.34 per share last year. Adjusted net income was $61 million, or $0.90 per share.
For the first quarter of 2024, Ralph Lauren expects revenues to be flat to up slightly to last year on a constant currency basis. On a reported basis, revenues are expected to be down slightly to the prior year.
For FY2024, the company expects revenues to increase approx. low-single digits to last year on a constant currency basis.
Most Popular
What to look for when Halliburton Company (HAL) reports Q4 2024 results?
Halliburton Company (NYSE: HAL) is expected to report fourth-quarter results on Wednesday, January 22, at 6:45 am ET. The oilfield service provider is currently recovering from a rough patch, marked
McCormick (MKC) is set to report Q4 2024 earnings results next week, a few points to note
Shares of McCormick & Company, Incorporated (NYSE: MKC) rose over 1% on Thursday. The stock has gained 12% in the past 12 months. The company is scheduled to report its fourth quarter
PNC Financial Q4 2024 profit more than doubles; revenue up 4%
The PNC Financial Services Group, Inc. (NYSE: PNC) reported a sharp increase in profit for the fourth quarter of 2024. Revenues grew by 4%. Net income attributable to common shareholders