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Ralph Lauren Q1 FY'14 sales up 4%

08 Aug '13

3 min read

Consolidated comparable store sales declined 1% on a reported basis and were up 1% in constant currency during the first quarter. The shift in the timing of Easter is estimated to have mitigated comparable store sales growth by approximately 2% in the first quarter of Fiscal 2014.

Licensing: Licensing revenues of $39 million in the first quarter were 8% below the prior year period, as lower Chaps-related licensing revenues offset higher apparel and fragrance royalties for Ralph Lauren products.

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