Cowen Cuts Price Target on Ralph Lauren (RL) to $130 Following EPS Beat

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Ralph Lauren Reports Better-Than-Expected First Quarter Fiscal 2016 Results

August 5, 2015 8:02 AM EDT

First Quarter Net Revenues of $1.6 Billion Were In Line with the Prior Year in Constant Currency, Driven By Double-Digit Growth Internationally Operating Margin Was Better-Than-Expected Due To Disciplined Expense Management Diluted EPS Was $1.09 in the First Quarter, Excluding Restructuring and Related Non-Cash Charges The Company Maintains Its Fiscal 2016 Outlook Began Successful Transition To The New Global Brand Management Structure

NEW YORK--(BUSINESS WIRE)-- Ralph Lauren Corporation (NYSE: RL) today reported net income of... More