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Ralph Lauren sees Q4 revenue up 2%, consensus $1.56B
The Fly

Ralph Lauren sees Q4 revenue up 2%, consensus $1.56B

The company said, “For the fourth quarter, the Company expects revenue growth to be in a range centered around 2% in constant currency to last year. Foreign currency is expected to negatively impact revenue growth by approximately 160 basis points. Operating margin for the fourth quarter is expected to expand approximately 350 to 400 basis points in constant currency, driven largely by gross margin expansion, with about 40 basis points of negative foreign currency impact. Foreign currency is expected to negatively impact gross margin by approximately 50 basis points in the fourth quarter.”

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