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2023-08-11 12:52:04 ET Summary Tapestry, Inc. agreed to acquire Capri Holdings Limited in an all-cash deal valued at $8.5 billion, causing shares of Capri Holdings to soar and shares of Tapestry to plummet. The deal will unite six leading fashion brands and generate around $12.1 b...
2023-08-10 13:15:27 ET Ralph Lauren Corporation (RL) Q1 2024 Earnings Conference Call August 10, 2023 9:00 am ET Corporate Participants Corinna Van der Ghinst - Vice President of Investor Relations Patrice Louvet - President and Chief Executive Officer Jane Niels...
2023-08-10 09:14:00 ET U.S. stock index futures on Thursday pointed to a higher open, after the highly anticipated consumer inflation report showed a slightly lesser-than-anticipated rise in the headline number for July. Here are some stocks to watch on Thursday: For further details...
2023-08-10 08:19:35 ET Ralph Lauren Corporation ( NYSE: RL ) traded lower early on Thursday after topping revenue and EPS expectations with its FQ1 report, but falling short of the consensus mark for comparable sales after stripping out FX swings. The apparel giant said Nort...
2023-08-10 08:07:19 ET Ralph Lauren press release ( NYSE: RL ): FQ1 Non-GAAP EPS of $2.34 beats by $0.21 . Revenue of $1.5B (+1.0% Y/Y) beats by $20M . In the first quarter of Fiscal 2024, the company had an effective tax rate of approximately 23% on both a rep...
First Quarter Revenue Increased Slightly on a Reported Basis and 1% in Constant Currency, Ahead of Expectations, Led by Asia and Europe Global Direct-to-Consumer Comparable Store Sales Grew Low-Single Digits in the Quarter, Driven by Strong Full-Price Retail Performance and Double-Digit AUR G...
2023-08-06 17:35:15 ET More on the markets Charts Say Pullback Should Be Followed By Higher Highs SPY: It's Time To Book Some Profits (Technical Analysis, Rating Downgrade) 3 Reasons Why SPY Could Be On The Cusp Of A Bear Market Roth MKM still sees recession ...
2023-08-06 08:01:00 ET The second week of August promises to be an eventful one for investors as a slew of major companies is set to report quarterly results. Among the headliners, Disney ( NYSE: DIS ) is prehaps the most well-known company due to report. The schedule also incl...
2023-08-04 15:00:42 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week, or the Seeking Alpha earnings calendar ...
2023-08-04 03:32:14 ET Summary Tapestry is positioned well in the fashion industry due to its strong brands Coach and Kate Spade, with Coach showing signs of improved growth. Margins have remained stable, but improvement in the performance of Kate Spade could lead to an overall im...
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Ralph Lauren Corporation (NYSE: RL) (together with its affiliates, “ Ralph Lauren ”) notes recent media reports in Indonesia relating to disputes between PT Manggala Putra Perkasa (operating using the confusing “Polo Ralph Lauren Indonesia” name in Indonesia) and o...
2024-07-02 15:15:06 ET UBS analyst issues UNDERPERFORM recommendation for RL on July 2, 2024 01:01PM ET. The previous analyst recommendation was Underperform. RL was trading at $169.555 at issue of the analyst recommendation. The overall analyst consensus : BUY. Curr...
2024-07-02 15:15:05 ET Wells Fargo analyst issues BUY recommendation for RL on July 2, 2024 01:01PM ET. The previous analyst recommendation was Buy. RL was trading at $169.555 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analys...