HighGravityDataRalph Lauren — Nov 7, 2024 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001037038-24-000027
Showing in the filing
Constant currency revenue growth
“increase in a range of approximately 3% to 4%”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 16
Constant currency revenue growth for FY2025
“increase in a range of approximately 3% to 4%”
Foreign currency impact on revenues for FY2025
“negatively impact revenues by approximately 40 to 60 basis points”
Operating margin for FY2025
“expand approximately 110 to 130 basis points in constant currency”
Operating margin expansion (constant currency) for FY2025
“expand approximately 110 to 130 basis points”
Gross margin expansion (constant currency) for FY2025
“increase approximately 80 to 120 basis points”
Foreign currency impact on gross and operati… for FY2025
“negatively impact gross and operating margins by approximately 20 basis points”
Constant currency revenue growth for Q3 FY2025
“grow approximately 3% to 4%”
Constant currency revenues for Q3 FY2025
“grow approximately 3% to 4%”
Foreign currency impact on revenue growth for Q3 FY2025
“benefit revenue growth by approximately 10 to 50 basis points”
Operating margin for Q3 FY2025
“expand approximately 100 to 140 basis points in constant currency”
Operating margin expansion (constant currency) for Q3 FY2025
“expand approximately 100 to 140 basis points”
Foreign currency impact on gross and operati… for Q3 FY2025
“roughly neutral impact”
Fiscal 2025 tax rate for FY2025
“in the range of approximately 22% to 23%”
Tax rate for Q3 FY2025
“approximately 22%”
Tax rate for Q3 FY2025
“approximately 22%”
Capital expenditures for FY2025
“approximately $250 million to $300 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
The full year Fiscal 2025 and third quarter guidance excludes any potential restructuring-related and other net charges that may be incurred in future periods, as described in the "Non-U.S. GAAP Financial Measures" section of this press release. For Fiscal 2025, the Company now expects constant currency revenues to increase in a range of approximately 3% to 4%. Based on current exchange rates, foreign currency is expected to negatively impact revenues by approximately 40 to 60 basis points in Fiscal 2025. The Company now expects operating margin for Fiscal 2025 to expand approximately 110 to 130 basis points in constant currency, driven by gross margin expansion and operating expense leverage. Gross margin is expected to increase approximately 80 to 120 basis points in constant currency. Foreign currency is expected to negatively impact gross and operating margins by approximately 20 basis points. For the third quarter, the Company expects constant currency revenues to grow approximately 3% to 4%. Foreign currency is expected to benefit revenue growth by approximately 10 to 50 basis points. Operating margin for the third quarter is expected to expand approximately 100 to 140 basis points in constant currency, driven by gross margin expansion. Foreign currency is expected to have a roughly neutral impact on gross and operating margins in the third quarter. The Company's full year Fiscal 2025 tax rate is now expected to be in the range of approximately 22% to 23%, increasing from 19% in the prior year, following discrete tax benefits reco
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.