Ralph Lauren (RL) Raises Quarterly Dividend 9.1% to $0.75; 3.3% Yield
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Ralph Lauren Reports Fourth Quarter and Full Year Fiscal 2022 Results Ahead of Expectations
May 24, 2022 8:01 AM EDTFourth Quarter Revenues Outperformed Outlook with Double-Digit Growth Across All Regions; Full Year Fiscal 2022 Revenues of $6.22 Billion Exceeded Fiscal 2020 Pre-Pandemic Levels North America Post-Reset Turnaround Strongly Underway with Full Year Revenues Increasing 49% and Significant Operating Margin Expansion Including Substantial Strategic Investments for Long-Term Growth Delivered Better Than Expected Fourth Quarter and Full Year Adjusted Operating Margin and Full Year Operating Profit Growth of More than 30% to Fiscal 2020 Outlook for Fiscal 2023 Net Revenue Growth of High Single Digits on a 52-Week Comparable Basis in Constant Currency fueled by North America Continued to... More
