Ralph lauren reports q4 revenue $1.3 bln

Ralph lauren reports fourth quarter and full year fiscal 2020 results.q4 revenue $1.3 billion.qtrly loss per share $3.38.qtrly adjusted loss per share $0.68.north america revenue in q4 decreased 11% to $629 million.inventory at end of fiscal 2020 was $736 million, down 10% compared to the prior year period.asia revenue in q4 decreased 22% to $214 million on a reported basis and decreased 21% in constant currency.ralph lauren - strengthened balance sheet, near-term liquidity with over $2 billion in cash & investments, key expense reduction actions.have reopened about two thirds of stores in europe and nearly half of stores in north america through last half of may.ralph lauren - europe revenue in q4 decreased 19% to $353 million on reported basis, decreased 16% to last year in constant currency.due to high level of uncertainty and evolving situation surrounding covid-19, suspending all future guidance.expect results for fy21 and q1 to be significantly negatively impacted by the pandemic.q4 earnings per share view $-0.40, revenue view $1.22 billion -- refinitiv ibes data.ralph lauren - in retail, qtrly comparable store sales in n.america were down 13%, including 15% down in brick & mortar stores & 7% down in digital commerce.asia revenue in q4 decreased due to impacts from covid-19 and hong kong protest business disruptions.
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