Ralph Lauren Corp. posted fiscal fourth-quarter net income totaling $24.4 million, or 34 cents per share, after a loss of $74.1 million, or $1.01 per share, last year. Adjusted EPS of 49 cents beat the FactSet consensus for 36 cents. Revenue of $1.523 billion was up from $1.287 billion and also beat the FactSet consensus for $1.463 billion. Ralph Lauren raised its quarterly dividend by 9% to 75 cents per share, payable on July 15, 2022 to shareholders of record at the close of business on July 1, 2022. Ralph Lauren stock was up 1.7% in Tuesday premarket trading, and has fallen 23.5% for the year to date.
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