Revealing a significant insider sell on May 29, Jane Nielsen, COO at Ralph Lauren (NYSE:RL), as per the latest SEC filing.
What Happened: Nielsen's decision to sell 67,243 shares of Ralph Lauren was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the sale is $11,515,477.
Ralph Lauren's shares are actively trading at $183.0, experiencing a down of 0.23% during Thursday's morning session.
About Ralph Lauren
Founded by designer Ralph Lauren in 1967 in New York City, Ralph Lauren Corp. designs, markets, and distributes lifestyle products in North America, Europe, and Asia. Its products include apparel, footwear, eyewear, jewelry, handbags, home goods, and fragrances. The company's brands include Ralph Lauren Collection, Polo Ralph Lauren, and Lauren Ralph Lauren. Distribution channels for Ralph Lauren include wholesale (department stores and specialty stores), retail (company-owned retail stores and e-commerce), and licensing.
Ralph Lauren: Financial Performance Dissected
Revenue Growth: Ralph Lauren's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 1.76%. This signifies a substantial increase in the company's top-line earnings. In ...