Ralph Lauren'S Latest Quarterly Earnings Are Quite Optimistic.

Here world Clothing and shoes Xiaobian network to introduce the latest Ralph Lauren quarterly report, profitability exceeded expectations.

Ralph Lauren has announced a reduction in its growth forecast for fiscal year 2015: according to the fixed exchange rate, the company's latest fiscal year will achieve a growth target of 6% to 8%; however, due to the adverse exchange rate effect, the growth rate will only be 5% to 7% according to the real exchange rate.

According to reports, the sales revenue of Ralph Lauren increased by 4% to 1 billion 994 million US dollars in the second quarter of fiscal year 2015 ending September 27th, reaching a double-digit growth year on year.

The company's growth was mainly supported by its retail sales, an increase of 7% to $1 billion 10 million over the same period, while the wholesale sector rose by 1.6% to $943 million, and the authorized business grew by 2%, bringing 45 million US dollars in revenue.

However retail The growth of business is mainly driven by new stores, including the newly opened Polo store on Fifth Avenue in New York, the first male and female flagship store opened in Greater China, while the same store sales rose by only 1% over the same period last year.

Jacki Nemerov, chief operating officer of Ralph Lauren, said: the main driving force for growth comes from international business and e-commerce. Profitability is higher than expected - operating profit margin has increased to 14.4%, and gross profit margin has increased from 56.6% to 56.8%.

By the end of last quarter, company There are 448 direct outlets, including 143 Ralph Lauren stores and 32 Club Monaco stores, and more than 243 Polo factory stores.

The company also has 494 department store counters worldwide, as well as distributors around the world, including 65 Ralph Lauren and 110 Club Monaco.