Ralph Lauren reports Q1 adjusted EPS $3.77, consensus $3.50

Reports Q1 revenue $1.72B, consensus $1.66B. “We delivered strong first quarter results across geographies, channels and consumer segments,” said Patrice Louvet, President and Chief Executive Officer. “While we continue to approach the current global operating environment with prudence, we are encouraged by the broad-based strength in our brand and our businesses as we execute on our long-term strategic priorities – including recruiting new and younger consumers, strengthening our core and high-potential categories, and developing our key city ecosystems in each region.”