TITLE

Ralph Lauren margins to fall

AUTHOR(S)
Investor's Business Daily
PUB. DATE
May 2014
SOURCE
Investors Business Daily;5/12/2014, pA02
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The premium clothing and accessories manufacturer's Q4 EPS rose 20% to $1.68, beating views by 5 cents. Revenue climbed 14% to $1.87 bil, above estimates for $1.83 bil. Wholesale revenue rose 11% to $3.5 bil on strong momentum in the Americas. Retail sales rose 5% to $845 mil on solid growth abroad. Gross margin narrowed 310 basis points to 56.2%.
ACCESSION #
95965115

 

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