-- Operating margins are expected to increase slightly compared to Fiscal 2006. Fiscal 2007 forecasts include an incremental stock compensation expense of approximately $18 million to $25 million.
-- Earnings per share are expected to be in the range of $3.25 to $3.35. This earnings projection includes an estimate of stock compensation dilution in the range of $0.10 to $0.15 per share.
Fiscal 2007 Second Quarter Outlook:
-- Consolidated revenue growth is projected to be low double digits, reflecting mid-teen percent growth in wholesale, low double-digit percent growth in retail and a mid-single percent decrease in licensing.
-- Operating margins are expected to be slightly lower than the comparable quarter last year including incremental stock compensation expense of approximately $6 to $8 million.
Polo Ralph Lauren Corporation is a leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances.
Polo Ralph Lauren Corporation
marketing@alchempro.com
