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Ralph Lauren: Fiscal Q1 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Ralph Lauren Corp. (RL) on Thursday reported fiscal first-quarter net income of $262.2 million.

The New York-based company said it had profit of $4.28 per share. Earnings, adjusted for non-recurring costs, were $4.59 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.30 per share.

The upscale clothing company posted revenue of $1.96 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $1.88 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RL at https://www.zacks.com/ap/RL

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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