Timeless Style At Ralph Lauren Sees Brand Buck Luxury Sector Woes [Forbes]
Ralph Lauren Corporation (RL)
Last ralph lauren corporation earnings: 2/4 08:01 am
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Source: Forbes
getty In an ever changing and increasingly unpredictable world, classic American design and timeless heritage appears to have won the day, judging by some impressively solid figures from Ralph Lauren Corp. The company bucked global luxury jitters yesterday as it reported that it had continued to maintain momentum in its second quarter, detailing growth across all regions and an increase in its average unit retail price. Indeed, Ralph Lauren , who started his eponymous brand by selling ties at department store Bloomingdale's, New York not far from its current Madison Avenue offices, is achieving its best performance in years. The retailer was especially boosted by a strong performance in Europe and Asia, plus bullish expectations over domestic holiday season sales, while it prepares to ramp up operations especially in China where – unlike many other luxury labels – it continues to see strong sales growth year-on-year. Ralph Lauren now expects fiscal 2025 revenue to grow 3% t
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News
- Natural Fiber Welding Switches CEOs, Furloughs ‘Significant' Number of Employees [Yahoo! Finance]Yahoo! Finance
- RL Gains 2.8% Post Q2 Earnings: Should You Buy or Avoid the Stock? [Yahoo! Finance]Yahoo! Finance
- Ralph Lauren Corp (RL): Riding High on Digital Growth and Resilient Luxury Demand [Yahoo! Finance]Yahoo! Finance
- Ralph Lauren Co. (NYSE: RL) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Ralph Lauren Co. (NYSE: RL) had its price target raised by analysts at Barclays PLC from $200.00 to $257.00. They now have an "overweight" rating on the stock.MarketBeat
RL
Earnings
- 11/7/24 - Miss
RL
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- RL's page on the SEC website