RALPH LAUREN CORPORATION (NYSE:RL) Files An 8-K Results of Operations and Financial Condition
ITEM 2.02.
EX-99.1 2 eh1900938_ex9901.htm EXHIBIT 99.1 EXHIBIT 99.1 RALPH LAUREN REPORTS FIRST QUARTER FISCAL 2020 RESULTS — First Quarter Revenues Grew 3% to $1.4 billion — Earnings Per Diluted Share Increased Double-Digits on Both a Reported and Adjusted Basis — Operating Margins Increased 60 Basis Points on a Reported Basis and 110 Basis Points on an Adjusted Basis — The Company Repurchased 1.3 Million Shares of Class A Common Stock During the First Quarter NEW YORK–(BUSINESS WIRE)—July 30,…
To view the full exhibit click
here
About RALPH LAUREN CORPORATION (NYSE:RL)
Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world. Retail business consists of sales made directly to consumers through retail channel, which includes Company’s’ retail stores, concession-based shop-within-shops and e-commerce operations around the world. Licensing business consists of royalty-based arrangements, under which the Company licenses to unrelated third parties for specified periods the right to operate retail stores and/or to use its various trademarks in connection with the manufacture and sale of designated products, such as certain apparel, eyewear, fragrances and home furnishings.