Ralph Lauren Corp. (RL) reported fourth quarter adjusted EPS of $1.41 Thursday morning, which topped the consensus estimate of $1.30. Net revenues grew to $1.64 billion from $1.62 billion in the same quarter last year, but missed the consensus estimate of $1.70 billion.
The company expects first quarter consolidated revenues to increase at a low-single-digit percentage, while analysts currently expect revenues to grow 8.6 percent. For fiscal 2014, consolidated revenues are expected to increase by about 4 to 7 percent, implying revenues between $7.22 billion and $7.43 billion. The consensus estimate is for revenues of $7.63 billion.
Ralph Lauren gapped open sharply lower Thursday, but recovered some ground in early trade, before settling into a range. The stock finished down by 4.37 at $183.69 on above average volume. Ralph Lauren dipped to a 1-week low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.