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
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