Ralph Lauren (RL) Beats on Q4 Earnings & Sales Estimates

Ralph Lauren Corporation RL, a designer, marketer and distributor of lifestyle products, released fourth-quarter fiscal 2018 results, wherein adjusted earnings of 90 cents came ahead of the Zacks Consensus Estimate of 86 cents. Also, earnings rose by a penny from the year-ago quarter.

Earnings Estimate Revision:The Zacks Consensus Estimate for fiscal 2019 has been stable in the last 30 days.

However, Ralph Lauren’s performance over the trailing four quarters, excluding the quarter under review, remains encouraging with an average beat of 10.4%.