Ralph Lauren Corp. Reveals 40% Retreat In Q4 Bottom Line

(RTTNews) - Ralph Lauren Corp. (RL) revealed earnings for fourth quarter that lost ground compared to the same period last year.

The company said its profit dropped to $74 million, or $0.88 per share. This was lower than $124 million, or $1.41 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.83 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.5% to $1.87 billion. This was down from $1.88 billion last year.

Ralph Lauren Corp. earnings at a glance:

-Earnings (Q4): $74 Mln. vs. $124 Mln. last year. -Earnings Decline (Y-o-Y): -40.3% -EPS (Q4): $0.88 vs. $1.41 last year. -EPS Decline (Y-o-Y): -37.6% -Analysts Estimate: $0.83 -Revenue (Q4): $1.87 Bln vs. $1.88 Bln last year. -Revenue Change (Y-o-Y): -0.5%