RL - Ralph Lauren Non-GAAP EPS of $3.35 beats by $0.42 revenue of $1.83B beats by $70M
- Ralph Lauren press release ( NYSE: RL ): Q3 Non-GAAP EPS of $3.35 beats by $0.42 .
- Revenue of $1.83B (+0.5% Y/Y) beats by $70M .
- North America revenue in the third quarter increased 1% to $938 million. In retail, comparable store sales in North America were up 2%, with a 9% increase in digital commerce partly offset by a 1% decrease in brick and mortar stores.
- Europe revenue in the third quarter increased 1% to $469 million on a reported basis and 13% in constant currency.
- Asia revenue in the third quarter increased 1% to $386 million on a reported basis and 16% in constant currency.
- Reiterated Full Year Fiscal 2023 Outlook of High-Single Digit Net Revenue Growth in Constant Currency While Foreign Currency Outlook Improved; Adjusted Operating Margin Expected in Range of 13.5% to 14.0% in Constant Currency
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Ralph Lauren Non-GAAP EPS of $3.35 beats by $0.42, revenue of $1.83B beats by $70M