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Polo Ralph Q1 profit jumps 58%, ups FY guidance

08 Aug '06
4 min read

-- Operating margins are expected to increase slightly compared to Fiscal 2006. Fiscal 2007 forecasts include an incremental stock compensation expense of approximately $18 million to $25 million.
-- Earnings per share are expected to be in the range of $3.25 to $3.35. This earnings projection includes an estimate of stock compensation dilution in the range of $0.10 to $0.15 per share.

Fiscal 2007 Second Quarter Outlook:

-- Consolidated revenue growth is projected to be low double digits, reflecting mid-teen percent growth in wholesale, low double-digit percent growth in retail and a mid-single percent decrease in licensing.
-- Operating margins are expected to be slightly lower than the comparable quarter last year including incremental stock compensation expense of approximately $6 to $8 million.

Polo Ralph Lauren Corporation is a leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances.

Polo Ralph Lauren Corporation

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