Ralph Lauren Says Operating Margin For The Fourth Quarter Is Expected To Expand Approximately 350 To 400 Basis Points In Constant Currency
Portfolio Pulse from Benzinga Newsdesk
Ralph Lauren projects its operating margin for the fourth quarter to increase by about 350 to 400 basis points in constant currency, indicating a significant improvement in profitability.
February 08, 2024 | 1:05 pm
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Ralph Lauren expects a substantial increase in its operating margin for the fourth quarter, by approximately 350 to 400 basis points in constant currency.
The expected expansion in operating margin is a strong indicator of improved profitability and operational efficiency for Ralph Lauren. This positive outlook is likely to be viewed favorably by investors, potentially leading to an increase in the stock price in the short term.
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