Ralph Lauren (RL) Revenue — Quarter Ended Jul 1, 2023
Revenue for the quarter was essentially flat compared with the same period last year, but declined from the immediately preceding quarter. The sequential decrease reflects a typical seasonal pattern after the prior quarter's higher level.
Key takeaway
Quarter ended Jul 1, 2023 · FY2024 Q1
Revenue for the quarter was essentially flat compared with the same period last year, but declined from the immediately preceding quarter. The sequential decrease reflects a typical seasonal pattern after the prior quarter's higher level.
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
-2.9%
Change from the immediately preceding quarter.
Year-over-year
+0.4%
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 |
|---|---|---|
| Oct 1, 2022 | $1.6B | +5.0% |
| Dec 31, 2022 | $1.8B | +0.9% |
| Apr 1, 2023 | $1.5B | +1.2% |
| Jul 1, 2023 | $1.5B | +0.4% |
Revenue performance
Reported revenue moved lower sequentially, while year-over-year revenue showed a slight increase. The trailing twelve-month revenue remained stable.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. Versus the same quarter one year earlier, revenue was modestly higher.
What to watch
Monitor whether the sequential revenue decline continues into the next quarter or stabilizes.