RL News and Press, Ralph Lauren Corporation From 02/13/23

Bank of America upgraded Ralph Lauren ( NYSE: RL ) to a Buy rating to reflect the firm's confidence in the strong revenue trends continuing for the apparel giant due to the brand’s global diversification and management's ability to pull cost levers in the choppy environment. ...

Summary Ralph Lauren sales increased by 1% with a positive adj. operating margin. Ralph Lauren exceeds Wall Street consensus estimates, but nine-month earnings were down by -15%. Ongoing buyback, lower CAPEX, and FX concern. Our buy rating is confirmed. In our last Ralph L...

Ralph Lauren Corporation (RL) Q3 2023 Earnings Conference Call February 9, 2023 9:00 AM ET Company Participants Corinna Van der Ghinst - Investor Relations Patrice Louvet - President, CEO & Director Jane Nielsen - CFO & COO Conference Call Participants ...

Ralph Lauren ( NYSE: RL ) shares rose sharply after the company reported stronger than expected earnings results on Thursday. For the fiscal third quarter, the New York-based apparel maker posted $3.35 in earnings per share and $1.83B in revenue. Analysts had anticipated $2.93 and $1....

Ralph Lauren press release ( NYSE: RL ): Q3 Non-GAAP EPS of $3.35 beats by $0.42 . Revenue of $1.83B (+0.5% Y/Y) beats by $70M . North America revenue in the third quarter increased 1% to $938 million. In retail, comparable store sales in North America w...

Third Quarter Revenue Increased 1% on a Reported Basis and 7% in Constant Currency, Ahead of Expectations, with Positive Sales Growth Across All Regions Operating Margin of 15.4% on a Reported Basis; Adjusted Operating Margin of 16.0% at High End of Expected Range Driven by Operating Expense ...

Ralph Lauren ( NYSE: RL ) is scheduled to announce FQ3 earnings results on Thursday, February 9th, before market open. The consensus EPS Estimate is $2.93 (-0.3% Y/Y) and the consensus Revenue Estimate is $1.76B (-2.2% Y/Y). Over the last 2 years, RL has beaten EPS estimates...

Summary Ralph Lauren's revenue is surging, up 40% compared to 2022, with 54% of digital sales coming from Asian markets. Its P/E and EV/EBITDA are at five-year lows (median). The company's average intrinsic price per share is about $99 vs. the current market price of $122 - signific...

Ralph Lauren Corporation ( NYSE: RL ) stock slid sharply on Friday after BMO reduced its rating to a Sell-equivalent. The downgrade note explained that a nearly 50% rally for the stock since the start of the calendar fourth quarter has elevated downside risk. Resilient global ...

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, ...