Home / Knowledge / News / Fashion / EPS dips steeply by 57.1% at Ralph Lauren in Q3FY17
EPS dips steeply by 57.1% at Ralph Lauren in Q3FY17
Feb '17
Earnings per share for the three months ended December 31, 2017 at premium fashion retailer Ralph Lauren Corporation, dipped steeply by 57.14 per cent to $0.98, compared to earnings per diluted share of $1.54 in the prior fiscal’s third quarter. Adjusted earnings per share were $1.86 in the reporting quarter versus $2.27 in the fiscal ago quarter.

In the third quarter of fiscal 2017, net revenues at $1.7 billion were down 12 per cent year on year on a reported basis, and also down 11 per cent in constant currency.

Gross profit in the quarter under review stood at $983 million on a reported basis, while adjusted gross profit was $997 million and gross profit margin amounted to 58.2 per cent, 140 basis points above last fiscal’s same quarter.

Operating income in the period under review amounted to $128 million, while operating margin was 7.5 per cent on a reported basis, which includes restructuring and other related charges of $91 million.

On an adjusted basis, operating income was $219 million and operating margin was 12.8 per cent, 90 basis points down from the third quarter of fiscal 2016. (AR)

Fibre2Fashion News Desk – India

Must ReadView All

Sri Lanka reduces VAT on imported fabric to 5%

Textiles | On 24th Sep 2018

Sri Lanka reduces VAT on imported fabric to 5%

Considering the requests made by the stakeholders in the fabric...

E-com firms in India to deduct 1% TCS under GST from Oct 1

Apparel/Garments | On 24th Sep 2018

E-com firms in India to deduct 1% TCS under GST from Oct 1

E-commerce companies in India will have to deduct 1 per cent tax...

Courtesy: Andritz

Textiles | On 24th Sep 2018

'Strength of economy, demographics drive nonwovens demand'

The strength of the economy and demographic trends are the main...

Interviews View All

Top executives, Textile industry, India

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Top executives, Textile industry

Top executives
Textile industry

GST has levelled the playing field to an extent

Hardik Sanghvi,

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Pierre Wiertz, EDANA

Pierre Wiertz

EDANA, the international association serving the nonwovens and related...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Kevin Nelson, TissueGen

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search