Ralph Lauren: raises dividend and share buybacks

Published: 2025-05-22 08:46:27 ET RL

Published on 05/22/2025 at 08:46

In its quarterly report, Ralph Lauren announced a 10% increase in its quarterly dividend to $0.9125 per share, as well as an increase in its share buyback authorization to $1.5bn.For Q4 2024-25, it reported adjusted EPS that rose 33% to $2.27, significantly above the consensus, with its adjusted operating margin improving 1.6 point to 10.3%.At $1.7bn, the luxury apparel company's revenue increased 8% (+10% at constant exchange rates), notably driven by 12% growth in Europe (+16% at constant exchange rates).For the current quarter, Ralph Lauren expects its operating margin to improve by about 1.5-to-2 points, with high single digit revenue growth, at constant exchange rates.Copyright (c) 2025 CercleFinance.com. All rights reserved.