RL News and Press, Ralph Lauren Corporation From 01/24/23

Summary Ralph Lauren Corporation has seen strong revenue growth across the Europe and Asia regions. The company's balance sheet metrics and P/E ratio remains attractive. I take a bullish view on Ralph Lauren. Investment Thesis: On the basis of an attractive P/E ratio, ...

The Company also launches Cashmere Recycling Program in North America and Europe Ralph Lauren Corporation (NYSE: RL) introduces The Cradle to Cradle (C2C) Certified ® Gold Cashmere Sweater, an iconic product made to be worn, loved and live on responsibly for generations to come...

Summary Capri operates in a large and growing personal luxury market that is relatively resilient to adverse macro headwinds. The company may become a beneficiary of industry consolidation. Strategic brand development plans include both expanding its physical footprint and increasin...

The NASDAQ jumped on Friday, with help from Netflix and Alphabet, as investors tried to hang onto the January rally and earnings reports continued to trickle in. The Dow Jones Industrials found some traction and moved up 123.41 points to 33,167.97. The S&P 500 recovered 32.61 points t...

Barclays upgraded both Ralph Lauren Corporation ( NYSE: RL ) and PVH Corp. ( NYSE: PVH ) to an Overweight rating on Friday with a new analyst assuming coverage of the stocks. Analyst Paul Kearney said the upgrade on RL is predicated on it standing as a best-in-class apparel br...

Retail analyst Dana Telsey remains constructive on select retail names for the coming year even though retail sales in November were weaker than expected. Telsey is bullish on Ralph Lauren Retail sales were down 0.6% last month versus a narrower 0.3% decline expected. Still, Telsey &#...

Summary Atlantic Investment Management’s 13F portfolio value decreased from ~$264M to ~$221M this quarter. The number of positions decreased from 11 to 10. Alex Roepers added Flowserve Corp while decreasing Huntsman Corp and dropping Goodyear Tire & Rubber. The top three ...

Summary FY12/2022 has been a strong year for Hugo Boss AG, driven by demand in Europe and the Americas. With high hurdles YoY, Hugo Boss has an unattractive decelerating growth profile into FY12/2023. Its relatively low exposure to China will place its peers in a stronger position. ...

Cowen named apparel retailer Ralph Lauren ( NYSE: RL ) a “top idea for 2023” in a note on Monday. The firm indicated that despite deteriorating macroeconomic conditions, consensus estimates for the New York-based fashion company are overly bearish. In particular,...

You can't blame Ralph Lauren (NYSE: RL) for putting its best foot forward when it reported that fiscal second-quarter 2023 earnings were better than expected. While that's perhaps true, the quarter was far from great. Here are some key issues to watch, including a soft U.S. market, that c...