Ralph Lauren (RL) Revenue — Quarter Ended Mar 30, 2024
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 30, 2024 · FY2024 Q4
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
-18.9%
Change from the immediately preceding quarter.
Year-over-year
+1.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
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 1, 2023 | $1.5B | +0.4% |
| Sep 30, 2023 | $1.6B | +3.4% |
| Dec 30, 2023 | $1.9B | +5.6% |
| Mar 30, 2024 | $1.6B | +1.8% |
Revenue performance
The reported revenue decreased from the prior quarter, reflecting a sequential downturn. On an annual basis, revenue rose compared to the same period last year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. Compared with the same quarter one year ago, revenue was higher.
What to watch
The sequential decline in revenue warrants attention given the prior quarter's growth.