财务表现 - 公司第四季度毛利率为46.7%，同比增长170个基点，主要得益于产品及运输成本降低（贡献150个基点）以及直接面向消费者（DTC）渠道折扣活动减少（贡献80个基点）[1] - 特许权条款改善、外汇及产品组合优化共同贡献20个基点，但区域和渠道组合不利抵消90个基点[2] - 2025财年全年毛利率达47.9%，同比提升180个基点，超出公司预期，主要驱动力为供应链成本下降和在线折扣策略性缩减[3] 战略调整 - 公司转向“高质量收入”战略，减少促销活动并强化全价销售能力，以提升品牌定位，同时增加营销投入以支撑全价策略[4] - 预计2026财年第一季度毛利率将同比扩张40-60个基点，受益于产品组合优化、供应链效率持续改善及汇率利好[5] 重组计划 - 2025财年重组计划产生8900万美元转型费用，但实现3500万美元实际节约，预计到2026财年末年化节约额将达7500万美元[7] - 节约主要来自咨询费用、差旅开支及第三方服务缩减，以及关闭Rialto配送中心等运营精简措施[7] - 剔除一次性诉讼和解及重组成本后，销售及行政费用（SG&A）预计将小幅下降[8][9] 股价表现 - 公司股价过去一个月上涨0.8%，跑赢纺织服装行业16.5%的跌幅，同时优于标普500指数0.5%的涨幅和可选消费板块1.1%的跌幅[10] 行业对比 - 同行业表现较好的公司包括Stitch Fix（当前Zacks排名2，预期年度盈利增长69.7%）、Canada Goose（排名2，预期盈利增长10%）和Allbirds（排名2，预期盈利增长16.1%）[11][12][13][14]

Ralph Lauren (RL) Q4 2025 Earnings Call May 22, 2025 09:00 AM ET Company Participants Corinna Van der Ghinst - SVP, Head of Investor RelationsPatrice Louvet - President & Chief Executive OfficerJustin Picicci - Chief Financial OfficerJay Sole - Managing DirectorMichael Binetti - Senior Managing DirectorDana Telsey - CEO and Chief Research OfficerJohn Kernan - Managing DirectorChris Nardone - Director, Equity ResearchTom Nikic - Managing Director, Equity Research Conference Call Participants Matt Boss - Equi ...

Ralph Lauren (RL) Q4 2025 Earnings Call May 22, 2025 09:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. Welcome to the Ralph Lauren Fourth Quarter Fiscal Year twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session. Instructions on how to ask a question will be given at that time. As a reminder, this conference is being recorded. I would now like to turn over the conference to our host, Ms. Karina Van ...

Inspirato (ISPO) Q1 2025 Earnings Call May 08, 2025 01:00 PM ET Company Participants Bita Milanian - SVP, MarketingPayam Zamani - Chief Executive Officer and Chairman of the BoardMichael Arthur - CFO Conference Call Participants Mike Grondahl - Head of Equities, Director of Research & Senior Research Analyst Operator Greetings, and welcome to Inspirato's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in listen only mode. A question and answer session will follo ...

Inspirato (ISPO) Q1 2025 Earnings Call May 08, 2025 01:00 PM ET Company Participants Bita Milanian - SVP, MarketingPayam Zamani - Chief Executive Officer and Chairman of the BoardMichael Arthur - CFO Conference Call Participants Mike Grondahl - Head of Equities, Director of Research & Senior Research Analyst Operator Greetings, and welcome to Inspirato's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in listen only mode. A question and answer session will follo ...