Ralph lauren reports q1 loss per share of $1.75

Ralph lauren reports first quarter fiscal 2021 results.q1 adjusted loss per share $1.82 excluding items.q1 loss per share $1.75.q1 revenue fell 66 percent to $487 million.q1 revenues were $487 million reflecting adverse impact from covid-19.qtrly ralph lauren digital comp sales accelerated to 13% growth.north america revenue in q1 decreased 77% to $165 million.ralph lauren - currently, nearly all of physical owned stores have reopened across north america, europe, and asia.europe revenue in q1 decreased 67% to $121 million on a reported basis and decreased 64% in constant currency.continue to suspend all future guidance.board of directors also agreed to forgo their quarterly cash compensation for q1 of fiscal 2021.asia revenue in q1 decreased 34% to $172 million on a reported basis and decreased 32% in constant currency basis.continue to expect financial results for both q2 and full year fiscal 2021 to be significantly adversely impacted by pandemic.negotiated rent abatements and lower variable rent expense due to covid-19-related closures.q1 earnings per share view $-1.72 -- refinitiv ibes data.
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