The company said net revenue for fiscal 2025 Q3 (quarter ended December 28, 2024) rose 11% to $2.1 billion, and rose 11% in constant currency. It said foreign currency negatively affected revenue growth by about 40 basis points.

1. 01

   The company said net revenue for fiscal 2025 Q3 (quarter ended December 28, 2024) rose 11% to $2.1 billion, and rose 11% in constant currency. It said foreign currency negatively affected revenue growth by about 40 basis points.

2. 02

   The company said adjusted operating income for Q3 was $402 million, and adjusted operating margin was 18.7%, up 230 basis points from the prior-year quarter. Adjusted gross margin was 68.4%, up 200 basis points from a year earlier, and the company cited product, channel and geographic mix shifts, lower cotton costs and AUR growth as the drivers.

3. 03

   Ralph Lauren said diluted earnings per share for Q3 were $4.66 on a reported basis (prior year $4.19) and $4.82 on an adjusted basis (prior year $4.17). Net income for the same quarter was $297 million on a reported basis and $308 million on an adjusted basis.

4. 04

   The company said it expects constant currency revenue for fiscal 2025 to rise 6% to 7%. It said operating margin is expected to expand about 120 to 160 basis points in constant currency, and it raised that outlook slightly from its prior outlook.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.