Ralph Lauren reports Q1 adjusted EPS $2.70, consensus $2.47

Reports Q1 revenue $1.51B, consensus $1.49B. DTC comparable store sales grew 5%. “Our brand has always been about inspiring a better life and celebrating the moments that bring us together,” said Ralph Lauren, Executive Chairman and Chief Creative Officer. “From our intimate runway show at our New York studio this spring to our elegant Salone del Mobile presentation in Milan and this summer’s Olympics, we are inviting people around the world to step into their dreams through authentic, timeless style.”