Us Luxury Group Ralph Lauren Luxury Shares Plunged Before Trading

Here world Clothing and shoes Xiaobian network to introduce the luxury Ralph Lauren operating profit is still a problem before the stock market plunged.

U.S.A Luxury goods Group Ralph Lauren on Wednesday before the stock price plunged, the decline was more than 3%, as of press release, down 2.13% to $157.50. As of the two quarter of September 27, 2014, net profit of Ralph Lauren was recorded at US $2.01, down 2% from 205 million US dollars in the same period last year.

Although the two quarter EPS recorded an expected performance of US $2.25, but due to declining operating profit, unexpected revenue and expected annual income reduction, the US luxury goods (Theme Reading) group Ralph Lauren Corp. Ralph Lauren fell sharply before Wednesday, a drop of over 3%, and a 2.13% decline in the time of dispatch without stylish Chinese net at $157.50.

As of the two quarter of September 27, 2014, the net profit of Ralph Lauren group of Ralph Lauren Corp. was 2.01 US dollars, down 2% from 205 million US dollars in the same period last year. The earnings per share of US $2.25 were basically the same as 223 million US dollars a year, while the operating profit of 286 million US dollars decreased by 3.1% compared with that of the same period last year. The operating profit rate was 14.4%, a drop of 100 basis points compared with the same period last year, but it was better than that in the first quarter.

　　 Do business Profit margins have been the soft spot of Ralph Lauren Corp. Ralph Lauren group. The company said the decline in operating profit was mainly influenced by long-term investment strategy. The two quarter Ralph Lauren Corp. Ralph Lauren group launched Polo for women and opened its first store in Fifth Avenue, New York. Meanwhile, Greater China also opened the first flagship store for men and women. In the two quarter, Ralph Lauren Corp. Ralph Lauren group increased its operating cost by 7.2%, an increase over revenue growth, from 789 million US dollars in the same period last year to 846 million US dollars.

The two quarter Ralph Lauren Corp. Ralph Lauren group's total revenue grew 4.1%, from 1 billion 915 million US dollars in the same period last year to 1 billion 994 million US dollars. According to the channel, direct sales channels grew by 1% in the same quarter in the two quarter, with double-digit growth in the international market and electricity supplier channels. The total revenue in the two quarter was recorded at $1 billion 6 million, a 6.5% increase over the same period last year, while the wholesale channel revenue increased 1.7% from $928 million in the same period last year to 934 million dollars.

The gross profit margin of the Ralph Lauren Corp. Ralph Lauren group rose 20 basis points to 56.8% in the two quarter, and gross profit recorded 1 billion 132 million dollars, up 4.4% from the 1 billion 84 million US dollars in the same period last year.

Ralph Lauren Corp. Ralph Lauren group updated its annual forecast to reduce revenue growth from 6%-8% to 5%-7%. profit The rate is expected to decline by 75-125 basis points over the previous year, and the expected three quarter revenue growth of 3%-5%, including about 2% of the adverse exchange rate effect, is expected to decline by 100-150 basis points in the three quarter.