Home / Knowledge / News / Fashion / Ralph Lauren declares quarterly dividend of $0.45/share
Ralph Lauren declares quarterly dividend of $0.45/share
15
Dec '14
Luxury fashion good marketer and NYSE-listed – Ralph Lauren has announced that the Company’s Board of Directors has approved a quarterly dividend for holders of the Company’s common shares in the amount of $0.45 per common share. The dividend will be paid on January 9, 2015 to shareholders of record at the close of business on December 26, 2014.

According to the luxury fashion marketer, operating margin for the second fiscal quarter ending September 27, 2014 performed better than expected, due to strong and proactive operational management, in addition to a shift in the timing of certain expenses into the back half of the fiscal year.

Ralph Lauren posted net income of $201 million, or $2.25 per diluted share, for the second quarter of 2014, down from $205 million, or $2.23 per diluted share, for the second quarter of 2013.

Net revenues for the reporting quarter rose 4 per cent from a year ago quarter, to $2.0 billion led by retail segment expansion, including double-digit international growth, according to reports.

Licensing revenues of $45 million in the second quarter of 2014 were 2 per cent above the prior year period, reflecting higher royalties from increased sales of Ralph Lauren products.

Gross profit for the second quarter of 2014 went up by 4 per cent to $1.1 billion and gross profit margin of 56.8 per cent was 20 basis points above the prior year period, primarily due to favourable channel and geographic mix.

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

Fibre2fashion News Desk - India


Must ReadView All

Bangladesh demands better prices for garment items from US

Apparel/Garments | On 21st Sep 2018

Bangladesh demands better prices for garment items from US

Bangladesh sought better prices for its exports, especially garments, ...

Courtesy: EFI

Textiles | On 21st Sep 2018

Digital textile printing expected to grow at 20% CAGR

Digital textile printing is at this time about 3-4 per cent of all...

Courtesy:  Vishal Banik on Unsplash

Textiles | On 21st Sep 2018

Pakistan's textile exports up 3.72% in July-August 2018

The value of textile and garment exports from Pakistan increased 3.72 ...

Interviews View All

Sonia Agarwal, Whitenife

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Smith Vaghasia, Sanado India

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Dinaz Madhukar, DLF Emporio and DLF Promenade

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Shyam Gupta & Ravi Gupta,

Shyam Gupta & Ravi Gupta

Based out of South Delhi, Gargee Designer's provides bespoke formal and...

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

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