RL - Ralph Lauren's Strategy And Execution Are Great But The Price Is A Little High
2024-05-27 10:03:33 ET
Summary
- Ralph Lauren is one of the largest apparel retailers and manufacturers in the US and globally. The company owns more than ten brands under a lifestyle banner.
- The company has been pursuing a successful elevation strategy with AUR growing for 28 consecutive quarters, this is showing up in operating margins.
- The company's intangibles investment management is very good, generating a brand heat with a comparatively lower marketing budget than similarly sized brands.
- Ralph Lauren has many quality characteristics and management is delivering, but the price of the stock is not opportunistic.
Ralph Lauren ( RL ) is one of the largest American apparel retailers and manufacturers. The company owns a diversified set of brands centered around the designer Ralph Lauren....
Ralph Lauren's Strategy And Execution Are Great, But The Price Is A Little High