(Boursier.com) — Ralph Lauren fell 5% before market on Wall Street. The group published adjusted earnings per share of $1.71 for its fourth fiscal quarter, compared to 90 cents for the comparable period last year, and a consensus of $1.66. Revenues increased by 2% to $1.6 billion (+3% at constant currencies), also above expectations. Adjusted operating profit was $137 million, for a margin of 8.7%, an increase of 380 basis points compared to last year. Over the financial year, revenues increased by 3% to $6.6 billion, while the adjusted operating margin was 12.5%. For fiscal 2025, the group expects revenue to grow in the low single digits at constant currencies, while operating margin is expected to grow by 100 to 120 basis points.
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