Ralph Lauren (RL) Revenue — Quarter Ended Apr 1, 2023
Revenue declined sequentially from the preceding quarter but rose compared with the same period a year earlier. The reported quarter ended the fiscal year with a mixed performance.
Key takeaway
Quarter ended Apr 1, 2023 · FY2023 Q4
Revenue declined sequentially from the preceding quarter but rose compared with the same period a year earlier. The reported quarter ended the fiscal year with a mixed performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
-15.9%
Change from the immediately preceding quarter.
Year-over-year
+1.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 2, 2022 | $1.5B | +8.3% |
| Oct 1, 2022 | $1.6B | +5.0% |
| Dec 31, 2022 | $1.8B | +0.9% |
| Apr 1, 2023 | $1.5B | +1.2% |
Revenue performance
The quarter's revenue fell from the immediately preceding quarter, reflecting a slowdown in sequential momentum. However, on a year-over-year basis, revenue remained in positive territory.
Quarterly comparison
Compared with the prior quarter, revenue decreased notably. When measured against the same quarter one year ago, revenue increased, marking the fourth consecutive year-over-year gain shown in the trend.
What to watch
Monitor whether the sequential decline intensifies or stabilizes in the coming quarters.