RALPH LAUREN CORP

For the period ended Jun 29, 2024. Filed Aug 7, 2024.

About this filing

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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Contents

Item 1. Consolidated Balance Sheets

CONSOLIDATED BALANCE SHEETS

	June 29,2024	March 30,2024
(millions)
ASSETS
Current assets:
Cash and cash equivalents	$1,586.9	$1,662.2
Short-term investments	173.6	121.0
Accounts receivable, net of allowances of $158.8 million and $175.3 million	371.8	446.5
Inventories	1,039.1	902.2
Income tax receivable	50.6	56.0
Prepaid expenses and other current assets	225.9	171.9
Total current assets	3,447.9	3,359.8
Property and equipment, net	826.0	850.4
Operating lease right-of-use assets	1,019.3	1,014.6
Deferred tax assets	266.6	288.3
Goodwill	882.6	888.1
Intangible assets, net	72.5	75.7
Other non-current assets	126.1	125.7
Total assets	$6,641.0	$6,602.6
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$477.8	$332.2
Current income tax payable	58.3	79.8
Current operating lease liabilities	236.0	245.5
Accrued expenses and other current liabilities	801.5	809.7
Total current liabilities	1,573.6	1,467.2
Long-term debt	1,141.1	1,140.5
Long-term finance lease liabilities	249.9	256.1
Long-term operating lease liabilities	1,036.1	1,014.0
Non-current income tax payable	42.2	42.2
Non-current liability for unrecognized tax benefits	123.3	118.7
Other non-current liabilities	107.8	113.6
Commitments and contingencies (Note 12)
Total liabilities	4,274.0	4,152.3
Equity:
Class A common stock, par value $.01 per share; 112.0 million and 111.7 million shares issued; 40.5 million and 41.4 million shares outstanding	1.1	1.1
Class B common stock, par value $.01 per share; 21.9 million shares issued and outstanding	0.2	0.2
Additional paid-in-capital	2,948.1	2,923.8
Retained earnings	7,168.7	7,051.6
Treasury stock, Class A, at cost; 71.5 million and 70.3 million shares	(7,453.0)	(7,250.3)
Accumulated other comprehensive loss	(298.1)	(276.1)
Total equity	2,367.0	2,450.3
Total liabilities and equity	$6,641.0	$6,602.6

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.