RALPH LAUREN CORP
For the period ended Mar 30, 2024. Filed May 23, 2024.
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FY2024 · Filed May 23, 2024
RL$398.52+5.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Fiscal Years Ended | |||
|---|---|---|---|
| March 30,2024 | April 1,2023 | April 2,2022 | |
| (millions, except per share data) | |||
| Net revenues | $6,631.4 | $6,443.6 | $6,218.5 |
| Cost of goods sold | (2,199.6) | (2,277.8) | (2,071.0) |
| Gross profit | 4,431.8 | 4,165.8 | 4,147.5 |
| Selling, general, and administrative expenses | (3,600.5) | (3,408.9) | (3,305.6) |
| Impairment of assets | — | (9.7) | (21.3) |
| Restructuring and other charges, net | (74.9) | (43.0) | (22.2) |
| Total other operating expenses, net | (3,675.4) | (3,461.6) | (3,349.1) |
| Operating income | 756.4 | 704.2 | 798.4 |
| Interest expense | (42.2) | (40.4) | (54.0) |
| Interest income | 73.0 | 32.2 | 5.5 |
| Other income (expense), net | (9.8) | (4.1) | 4.7 |
| Income before income taxes | 777.4 | 691.9 | 754.6 |
| Income tax provision | (131.1) | (169.2) | (154.5) |
| Net income | $646.3 | $522.7 | $600.1 |
| Net income per common share: | |||
| Basic | $9.91 | $7.72 | $8.22 |
| Diluted | $9.71 | $7.58 | $8.07 |
| Weighted-average common shares outstanding: | |||
| Basic | 65.2 | 67.7 | 73.0 |
| Diluted | 66.5 | 69.0 | 74.3 |
| Dividends declared per share | $3.00 | $3.00 | $2.75 |
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