Ralph Lauren Reports Better-Than-Expected First Quarter Fiscal 2016 Results
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Cowen Cuts Price Target on Ralph Lauren (RL) to $130 Following EPS Beat
August 6, 2015 7:12 AM EDTCowen maintained a Market Perform rating on Ralph Lauren (NYSE: RL), and cut the price target to $130.00 (from $135.00), following 1Q16 earnings. RL reported adjusted EPS of $1.09, which beat consensus estimates of and $0.99. RL guided sales +3-5% on a constant currency basis, and... More
Ralph Lauren (RL) Tops Q1 EPS by 10c, Offers Outlook
August 5, 2015 8:05 AM EDTRalph Lauren (NYSE: RL) reported Q1 EPS of $1.09, $0.10 better than the analyst estimate of $0.99. Revenue for the quarter came in at $1.62 billion versus the consensus estimate of $1.61 billion. Sames store sales were down 8%, down 2% in constant currency.
Fiscal 2016 Outlook
The Company continues to expect consolidated net revenues for Fiscal 2016 to... More
