Ralph Lauren Corp. (RL) announced earnings for its third quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $297.4 million, or $4.66 per share. This compares with $276.6 million, or $4.19 per share, last year.
Excluding items, Ralph Lauren Corp. reported adjusted earnings of $307.9 million or $4.82 per share for the period.
Analysts on average had expected the company to earn $4.53 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 10.8% to $2.143 billion from $1.934 billion last year.
Ralph Lauren Corp. earnings at a glance (GAAP) :
-Earnings: $297.4 Mln. vs. $276.6 Mln. last year.
-EPS: $4.66 vs. $4.19 last year.
-Revenue: $2.143 Bln vs. $1.934 Bln last year.
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