Ralph Lauren Q4 2020 Earnings Report
Key Takeaways
Ralph Lauren Corporation reported a decrease in revenue by 15% to $1.3 billion, and a net loss of $249 million, or ($3.38) per diluted share for the fourth quarter of Fiscal 2020. The results were impacted by adverse impacts related to COVID-19 and Hong Kong protest business disruptions.
Earnings per diluted share of ($3.38) on a reported basis and ($0.68) on an adjusted basis.
Revenue declined 15% to $1.3 billion on a reported basis.
Average unit retail increased 8% driven by ongoing brand elevation and quality of sales initiatives.
Maintained balance sheet strength with $2.1 billion in cash and investments.
Ralph Lauren
Ralph Lauren
Ralph Lauren Revenue by Segment
Ralph Lauren Revenue by Geographic Location
Forward Guidance
Due to the high level of uncertainty and evolving situation surrounding COVID-19, Ralph Lauren is suspending all future guidance. The company expects financial results for both periods to be significantly negatively impacted by the pandemic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income