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
Operating margin
“expand approximately 100 to 140 basis points in constant currency”
Period
Q3 FY2025
Measure
GAAP-tied
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
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 recognized in the prior year period. The third quarter tax rate is expected to be approximately 22%. The Company expects capital expenditures for Fiscal 2025 of approximately $250 million to $300 million. 4 Conference Call As previously announced, the Company will host a conference call and live online webcast today, Thursday, November 7, 2024, at 9:00 A.M. Eastern. Listeners may access a live broadcast of the conference call on the Company investor relations website at http://investor.ralphlauren.com or by dialing 517-623-4963 or 800-857-5209. To access the conference call, listeners should dial in by 8:45 A.M. Eastern and request to be connected to the Ralph Lauren Second Quarter 2025 conference call. An online archive of the broadcast will be available by accessing the Company's investor relations website at http://investor.ralphlauren.com. A telephone r
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.