
Ralph Lauren's Net Income Surges 23.7% to $646 Million on International Strength
Ralph Lauren CorporationDescription
What this story covers
Ralph Lauren's Fiscal 2024 10-K shows net revenues up 2.9% to $6.631 billion, driven by Asia and Europe growth despite North America softness. Gross margins improved to 66.8% via cost efficiencies. Net income rose 23.7% to $646.3 million, EPS $9.71. Strong liquidity with $1.783 billion cash/investments; diversified segments mitigate risks amid macro challenges.
Story snapshot
CompanyRalph Lauren Corporation
TickerRL
VariantStandard detailed
Duration13:11
Filing type10-K
PeriodAnnual 2024
IndustryConsumer Goods
Accession0001037038-24-000014
Full Story Script
Content not available for this story.