RALPH LAUREN CORP
For the period ended Jun 29, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 29, 2024 · Filed Aug 7, 2024
RL$399.61+0.3%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations
| Three Months Ended | ||
|---|---|---|
| June 29,2024 | July 1,2023 | |
| (millions, except per share data) | ||
| Net revenues | $1,512.2 | $1,496.5 |
| Cost of goods sold | (446.4) | (464.5) |
| Gross profit | 1,065.8 | 1,032.0 |
| Selling, general, and administrative expenses | (849.9) | (830.0) |
| Restructuring and other charges, net | (7.4) | (35.6) |
| Total other operating expenses, net | (857.3) | (865.6) |
| Operating income | 208.5 | 166.4 |
| Interest expense | (10.9) | (10.0) |
| Interest income | 20.1 | 15.7 |
| Other expense, net | (1.1) | (1.5) |
| Income before income taxes | 216.6 | 170.6 |
| Income tax provision | (48.0) | (38.5) |
| Net income | $168.6 | $132.1 |
| Net income per common share: | ||
| Basic | $2.67 | $2.01 |
| Diluted | $2.61 | $1.96 |
| Weighted-average common shares outstanding: | ||
| Basic | 63.2 | 65.9 |
| Diluted | 64.6 | 67.4 |
| Dividends declared per share | $0.825 | $0.75 |
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