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Polo Ralph reports strong revenue gains in retail & wholesale businesses
08 Jul '05
3 min read
In addition, as previously reported, the Company provided adjusted earnings per diluted share for Fiscal 2005 that excluded certain items to give investors an additional tool to evaluate the Company's results.
For Fiscal 2005, the company reported full year adjusted diluted earnings per share of $2.47 and communicated that the quarterly adjusted numbers would be provided after the 10-K was filed.
Adjusted earnings per diluted share for the first and second quarters of Fiscal 2005 are unchanged. Adjusted earnings per diluted share have been revised to $0.73 for the third quarter of Fiscal 2005 to exclude a $2 million pre-tax litigation charge, and to $0.84 for the fourth quarter of Fiscal 2005 to exclude a $98 million pre-tax litigation charge and a change to the income tax provision for the quarter.
These changes have no effect on reported GAAP results. For a full analysis of the adjustments, please refer to the table reconciliation of GAAP results to adjusted results.
US based Polo Ralph Lauren Corporation is a global leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances.
For Fiscal 2005, the company reported full year adjusted diluted earnings per share of $2.47 and communicated that the quarterly adjusted numbers would be provided after the 10-K was filed.
Adjusted earnings per diluted share for the first and second quarters of Fiscal 2005 are unchanged. Adjusted earnings per diluted share have been revised to $0.73 for the third quarter of Fiscal 2005 to exclude a $2 million pre-tax litigation charge, and to $0.84 for the fourth quarter of Fiscal 2005 to exclude a $98 million pre-tax litigation charge and a change to the income tax provision for the quarter.
These changes have no effect on reported GAAP results. For a full analysis of the adjustments, please refer to the table reconciliation of GAAP results to adjusted results.
US based Polo Ralph Lauren Corporation is a global 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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