股票开户只能是交易日开吗Ralph Lauren holiday margin gets boost from higher prices for winter wear

  • 时间:
  • 浏览:7
  • 来源:期货国际盘-顶级配资

(Re股票开户只能是交易日开吗uters) - Higher pri股票开户只能是交易日开吗ces for Ralph Lauren Corp&rs股票开户只能是交易日开吗quo;s (RL.N) down jackets and fleeces during the crucial holiday season boosted its margin and helped the company beat quarterly profit estimates on Tuesday, sending the fashion house’s shares up over 8%.

The company said it was assessing the financial impact of shutting about half of its 110 stores in China due to the coronavirus outbreak. It gets about 4% of its total revenue from China, a growth market for luxury goods makers.

Sales in China remained strong, rising 30% in the third quarter, benefiting from a marketing drive on social media channels TikTok and WeChat.

The company said it was able to increase product prices and cut promotions due to a ramp up in marketing, especially on social media through supermodels and actors, which has helped lift its brand image.

Heavyweight parkas, coats, light down jackets and wind breakers were among Ralph Lauren’s bestsellers during the holidays, Chief Executive Officer Patrice Louvet said.

  • Ralph Lauren closes half of China stores on coronavirus outbreak

“The company’s winter wear was on trend in terms of color and silhouette,” Jessica Ramirez, analyst at research firm Jane Hali & Associates said. “They got them right.”

Ralph Lauren’s adjusted gross margin rose by 60 basis points in the quarter, driven by a 6% gain in average prices at its own stores and website.

However, new advertising campaigns on television and in stores, as well as a new holiday-themed Snapchat filter drove Ralph Lauren’s marketing expenses higher by 16% in the quarter.

Net revenue rose 1.4% to $1.75 billion in the quarter ended Dec. 28, inching past average analysts’ estimate of $1.72 billion, according to IBES data from Refinitiv.

Its wholesale revenue in North America fell 8% as a record number of consumers shopped online during the holiday season, leading to a drop in traffic at department stores Macy’s (M.N), J.C. Penney Co Inc (JCP.N) and Nordstrom (JWN.N).

FILE PHOTO: A man walks past Ralph Lauren Corp.'s flagship Polo store on Fifth Avenue in New York City, U.S., April 4, 2017. REUTERS/Brendan McDermid/File Photo

Ralph Lauren said it expects fiscal 2020 revenue, excluding fluctuations in foreign exchange, to rise 2% to 3%.

The company’s net income rose nearly three-fold to $334.1 million, or $4.41 per share, lifted by a one-time tax benefit.

Excluding one-time items, the New York-based company earned $2.86 per share, beating analysts’ expectation of $2.45 per share.

猜你喜欢

新乡证券开户吗刚过户就质押格力电器全部股权,珠海明骏意欲何为?-今牛财经

实际上,珠海明骏质押格力电器股权,是其在筹资时早已与银团签署的贷款条件。值得注意的是,根据协议,该股权质押不存在与格力电器市值涨跌挂钩的补仓或平仓机制。为何珠海明骏新乡证券开户

2020-07-14

期货一个品种央行等六部门联合印发《统筹监管金融基础设施工作方案》-今牛财经

为加强金融基础期货一个品种设施建设,统筹监管重要金融基础设施,提高服务实体经济水平和防控金融风险能力,经中央全面深化改期货一个品种革委员会第十次会议审议通过,人民银行、发展改革

2020-07-14

配资公司需要的牌照东方日升前三季度净利润1.98亿元 同比增499%

东方日升(300118,咨询)10月23日晚间发布2015年第三季度报告,年初至报告期末,公司实现营业收入292,7配资公司需要配资公司需要的牌照的牌照41.88万元,比上年同

2020-07-14

股票开户人死亡了家属怎么办泰铢对人民币汇率今日查询 2016年4月27日泰铢对人民币汇率查询

泰铢对人民币汇率今日查询(201股票开户人死亡了家属怎么办6年股票开户人死亡了家属怎么办4月27日) 1泰铢=0.1848人民币1人民币=5.4113泰铢  

2020-07-14

网上配资炒股是否合法教育部:免费师范生改称公费师范生 履约期改为6年

原网上配资炒股是否合法标网上配资炒股是否合法题:教育部:“网上配资炒股是否合法免费师网上配资炒股是否合法范生”改称“公费师范生”,履约期改为6年9Qj大牛时代网

2020-07-14