Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - RALPH LAUREN CORP | eh1700648_8k.htm |
EXHIBIT 99.1
RALPH LAUREN CORPORATION
Schedule of Reclassified Segment Data
Supplemental Financial Information
Comparable Store Sales, Net Revenues, and Operating Income (Loss)
(in millions)
(Unaudited)
|
Fiscal 2017
|
Fiscal 2016
|
|||||||||||||||||||||||||||||||||||||||
|
First
|
Second
|
Third
|
Fourth
|
First
|
Second
|
Third
|
Fourth
|
|||||||||||||||||||||||||||||||||
|
Quarter
|
Quarter
|
Quarter
|
Quarter
|
Full Year
|
Quarter
|
Quarter
|
Quarter
|
Quarter
|
Full Year
|
|||||||||||||||||||||||||||||||
|
Comparable store sales(a):
|
||||||||||||||||||||||||||||||||||||||||
|
North America
|
||||||||||||||||||||||||||||||||||||||||
|
As reported
|
(10%
|
)
|
(10%
|
)
|
(6%
|
)
|
(14%
|
)
|
(10%
|
)
|
(4%
|
)
|
(3%
|
)
|
(5%
|
)
|
(7%
|
)
|
(5%
|
)
|
||||||||||||||||||||
|
Constant currency
|
(10%
|
)
|
(10%
|
)
|
(6%
|
)
|
(14%
|
)
|
(10%
|
)
|
(4%
|
)
|
(3%
|
)
|
(5%
|
)
|
(7%
|
)
|
(5%
|
)
|
||||||||||||||||||||
|
Europe
|
||||||||||||||||||||||||||||||||||||||||
|
As reported
|
(2%
|
)
|
(7%
|
)
|
(10%
|
)
|
(16%
|
)
|
(8%
|
)
|
(14%
|
)
|
(7%
|
)
|
(10%
|
)
|
1%
|
|
(8%
|
)
|
||||||||||||||||||||
|
Constant currency
|
(2%
|
)
|
(4%
|
)
|
(4%
|
)
|
(10%
|
)
|
(4%
|
)
|
2%
|
|
7%
|
|
(1%
|
)
|
4%
|
|
3%
|
|
||||||||||||||||||||
|
Asia
|
||||||||||||||||||||||||||||||||||||||||
|
As reported
|
1%
|
|
(0%
|
)
|
9%
|
|
(1%
|
)
|
2%
|
|
(9%
|
)
|
(14%
|
)
|
(13%
|
)
|
(12%
|
)
|
(12%
|
)
|
||||||||||||||||||||
|
Constant currency
|
(3%
|
)
|
(10%
|
)
|
4%
|
|
(3%
|
)
|
(3%
|
)
|
1%
|
|
(2%
|
)
|
(8%
|
)
|
(10%
|
)
|
(5%
|
)
|
||||||||||||||||||||
|
Net revenues:
|
||||||||||||||||||||||||||||||||||||||||
|
North America
|
$
|
860.2
|
$
|
1,048.5
|
$
|
1,003.1
|
$
|
883.2
|
$
|
3,795.0
|
$
|
975.9
|
$
|
1,207.7
|
$
|
1,190.2
|
$
|
1,120.1
|
$
|
4,493.9
|
||||||||||||||||||||
|
Europe
|
377.7
|
445.8
|
349.1
|
370.8
|
1,543.4
|
330.3
|
428.3
|
395.9
|
407.3
|
1,561.8
|
||||||||||||||||||||||||||||||
|
Asia
|
211.4
|
216.5
|
235.4
|
219.6
|
882.9
|
205.9
|
219.6
|
225.9
|
242.1
|
893.5
|
||||||||||||||||||||||||||||||
|
Other non-reportable segments
|
102.9
|
109.8
|
127.0
|
91.8
|
431.5
|
105.9
|
114.2
|
134.3
|
101.6
|
456.0
|
||||||||||||||||||||||||||||||
|
Total net revenues
|
$
|
1,552.2
|
$
|
1,820.6
|
$
|
1,714.6
|
$
|
1,565.4
|
$
|
6,652.8
|
$
|
1,618.0
|
$
|
1,969.8
|
$
|
1,946.3
|
$
|
1,871.1
|
$
|
7,405.2
|
||||||||||||||||||||
|
Operating income (loss):
|
||||||||||||||||||||||||||||||||||||||||
|
North America
|
$
|
169.4
|
$
|
205.2
|
$
|
207.6
|
$
|
92.5
|
$
|
674.7
|
$
|
216.5
|
$
|
288.2
|
$
|
248.7
|
$
|
198.2
|
$
|
951.6
|
||||||||||||||||||||
|
Europe
|
75.0
|
100.4
|
63.7
|
63.5
|
302.6
|
37.3
|
96.0
|
77.1
|
69.7
|
280.1
|
||||||||||||||||||||||||||||||
|
Asia
|
(37.5
|
)
|
(65.7
|
)
|
23.4
|
(6.0
|
)
|
(85.8
|
)
|
0.3
|
0.1
|
(2.9
|
)
|
2.4
|
(0.1
|
)
|
||||||||||||||||||||||||
|
Other non-reportable segments
|
22.9
|
26.2
|
30.8
|
(11.2
|
)
|
68.7
|
29.2
|
26.8
|
38.7
|
9.2
|
103.9
|
|||||||||||||||||||||||||||||
|
229.8
|
266.1
|
325.5
|
138.8
|
960.2
|
283.3
|
411.1
|
361.6
|
279.5
|
1,335.5
|
|||||||||||||||||||||||||||||||
|
Unallocated corporate expenses
|
(175.3
|
)
|
(148.3
|
)
|
(130.5
|
)
|
(282.3
|
)
|
(736.4
|
)
|
(152.6
|
)
|
(150.9
|
)
|
(115.2
|
)
|
(192.3
|
)
|
(611.0
|
)
|
||||||||||||||||||||
|
Unallocated restructuring and other charges
|
(85.7
|
)
|
(41.5
|
)
|
(66.7
|
)
|
(124.7
|
)
|
(318.6
|
)
|
(34.3
|
)
|
(30.5
|
)
|
(58.0
|
)
|
(19.8
|
)
|
(142.6
|
)
|
||||||||||||||||||||
|
Total operating income (loss)
|
$
|
(31.2
|
)
|
$
|
76.3
|
$
|
128.3
|
$
|
(268.2
|
)
|
$
|
(94.8
|
)
|
$
|
96.4
|
$
|
229.7
|
$
|
188.4
|
$
|
67.4
|
$
|
581.9
|
|||||||||||||||||
(a) All comparable store sales metrics were calculated on a 13-week basis for the quarter and a 52-week basis for the year.
RALPH LAUREN CORPORATION
Schedule of Reclassified Segment Data
Supplemental Financial Information
Non-U.S. GAAP Operating Income (Loss)
(in millions)
(Unaudited)
|
Fiscal 2017
|
Fiscal 2016
|
|||||||||||||||||||||||||||||||||||||
|
North
|
North
|
|||||||||||||||||||||||||||||||||||||
|
America
|
Europe
|
Asia
|
Other
|
Unallocated
|
Total
|
America
|
Europe
|
Asia
|
Other
|
Unallocated
|
Total
|
|||||||||||||||||||||||||||
|
First Quarter
|
||||||||||||||||||||||||||||||||||||||
|
Reported operating income (loss)
|
$
|
169.4
|
$
|
75.0
|
$
|
(37.5
|
)
|
$
|
22.9
|
$
|
(261.0
|
)
|
$
|
(31.2
|
)
|
$
|
216.5
|
$
|
37.3
|
$
|
0.3
|
$
|
29.2
|
$
|
(186.9
|
)
|
$
|
96.4
|
||||||||||
|
Adjustments (a)
|
7.7
|
9.3
|
52.8
|
3.0
|
86.3
|
159.1
|
2.6
|
4.1
|
3.8
|
0.5
|
34.3
|
45.3
|
||||||||||||||||||||||||||
|
Adjusted operating income (loss)
|
$
|
177.1
|
$
|
84.3
|
$
|
15.3
|
$
|
25.9
|
$
|
(174.7
|
)
|
$
|
127.9
|
$
|
219.1
|
$
|
41.4
|
$
|
4.1
|
$
|
29.7
|
$
|
(152.6
|
)
|
$
|
141.7
|
||||||||||||
|
Second Quarter
|
||||||||||||||||||||||||||||||||||||||
|
Reported operating income (loss)
|
$
|
205.2
|
$
|
100.4
|
$
|
(65.7
|
)
|
$
|
26.2
|
$
|
(189.8
|
)
|
$
|
76.3
|
$
|
288.2
|
$
|
96.0
|
$
|
0.1
|
$
|
26.8
|
$
|
(181.4
|
)
|
$
|
229.7
|
|||||||||||
|
Adjustments (a)
|
24.8
|
4.8
|
76.7
|
1.7
|
41.5
|
149.5
|
5.7
|
0.9
|
-
|
-
|
30.5
|
37.1
|
||||||||||||||||||||||||||
|
Adjusted operating income (loss)
|
$
|
230.0
|
$
|
105.2
|
$
|
11.0
|
$
|
27.9
|
$
|
(148.3
|
)
|
$
|
225.8
|
$
|
293.9
|
$
|
96.9
|
$
|
0.1
|
$
|
26.8
|
$
|
(150.9
|
)
|
$
|
266.8
|
||||||||||||
|
Third Quarter
|
||||||||||||||||||||||||||||||||||||||
|
Reported operating income (loss)
|
$
|
207.6
|
$
|
63.7
|
$
|
23.4
|
$
|
30.8
|
$
|
(197.2
|
)
|
$
|
128.3
|
$
|
248.7
|
$
|
77.1
|
$
|
(2.9
|
)
|
$
|
38.7
|
$
|
(173.2
|
)
|
$
|
188.4
|
|||||||||||
|
Adjustments (a)
|
2.3
|
1.6
|
15.2
|
5.4
|
66.9
|
91.4
|
0.4
|
2.5
|
16.9
|
-
|
58.0
|
77.8
|
||||||||||||||||||||||||||
|
Adjusted operating income (loss)
|
$
|
209.9
|
$
|
65.3
|
$
|
38.6
|
$
|
36.2
|
$
|
(130.3
|
)
|
$
|
219.7
|
$
|
249.1
|
$
|
79.6
|
$
|
14.0
|
$
|
38.7
|
$
|
(115.2
|
)
|
$
|
266.2
|
||||||||||||
|
Fourth Quarter
|
||||||||||||||||||||||||||||||||||||||
|
Reported operating income (loss)
|
$
|
92.5
|
$
|
63.5
|
$
|
(6.0
|
)
|
$
|
(11.2
|
)
|
$
|
(407.0
|
)
|
$
|
(268.2
|
)
|
$
|
198.2
|
$
|
69.7
|
$
|
2.4
|
$
|
9.2
|
$
|
(212.1
|
)
|
$
|
67.4
|
|||||||||
|
Adjustments (a)
|
61.6
|
7.5
|
34.9
|
25.4
|
240.9
|
370.3
|
19.0
|
3.1
|
8.3
|
1.4
|
19.8
|
51.6
|
||||||||||||||||||||||||||
|
Adjusted operating income (loss)
|
$
|
154.1
|
$
|
71.0
|
$
|
28.9
|
$
|
14.2
|
$
|
(166.1
|
)
|
$
|
102.1
|
$
|
217.2
|
$
|
72.8
|
$
|
10.7
|
$
|
10.6
|
$
|
(192.3
|
)
|
$
|
119.0
|
||||||||||||
|
Full Year
|
||||||||||||||||||||||||||||||||||||||
|
Reported operating income (loss)
|
$
|
674.7
|
$
|
302.6
|
$
|
(85.8
|
)
|
$
|
68.7
|
$
|
(1,055.0
|
)
|
$
|
(94.8
|
)
|
$
|
951.6
|
$
|
280.1
|
$
|
(0.1
|
)
|
$
|
103.9
|
$
|
(753.6
|
)
|
$
|
581.9
|
|||||||||
|
Adjustments (a)
|
96.4
|
23.2
|
179.6
|
35.5
|
435.6
|
770.3
|
27.7
|
10.6
|
29.0
|
1.9
|
142.6
|
211.8
|
||||||||||||||||||||||||||
|
Adjusted operating income (loss)
|
$
|
771.1
|
$
|
325.8
|
$
|
93.8
|
$
|
104.2
|
$
|
(619.4
|
)
|
$
|
675.5
|
$
|
979.3
|
$
|
290.7
|
$
|
28.9
|
$
|
105.8
|
$
|
(611.0
|
)
|
$
|
793.7
|
||||||||||||
(a) Operating results during Fiscal 2017 and Fiscal 2016 were negatively impacted by restructuring-related charges, impairment of assets, and certain other charges.