This compared to net income of $153 million, or $1.68 per diluted share, for the fourth quarter of Fiscal 2014.

full year earnings: “EX-99.1 2 eh1500620_ex9901.htm EXHIBIT 99.1 EXHIBIT 99.1 RALPH LAUREN REPORTS BETTER-THAN-EXPECTED FOURTH QUARTER AND FULL YEAR FISCAL 2015 RESULTS — Fourth Quarter Net Revenues of $1.9 Billion Increased 7% in Constant Currency — Earnings Per Diluted Share (EPS) Was $1.41 in the Fourth Quarter, In Line With Prior Year Excluding Foreign Currency Impacts — Fourth Quarter Operating Margin Was Better-Than-Expected Due To Disciplined Expense Management — The Company's Board of Directors Authorizes an Additional $500 Million Stock Repurchase Program NEW YORK--(BUSINESS WIRE)—May 13, 2015-- Ralph Lauren Corporation (NYSE:RL) today reported net income of $124 million, or $1.41 per diluted share, for the fourth quarter of Fiscal 2015.”

first quarter margin: “Operating margin for the first quarter of Fiscal 2016 is expected to be approximately 600-650 basis points below the comparable prior year period, primarily due to negative foreign currency effects, the quarterly revenue growth profile and timing of expense savings initiatives.”