Ralph Lauren Reports Fourth Quarter and Full Year Fiscal 2016 Results
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Piper Jaffray Remains Sidelined Following Ralph Lauren's (RL) Better-Than-Expected 4Q Report
May 12, 2016 11:22 AM EDTPiper Jaffray maintained a Neutral rating on Ralph Lauren (NYSE: RL), and cut the price target to $81.00 (from $82.00), following the company's 4Q earnings report. RL reported total sales down 0.7%, compared to Piper Jaffray's estimate for a 1.6% Y/Y decline. EPS was reported as $0.88, coming in ahead of the consensus estimate of $0.83. RL elected... More
Ralph Lauren (RL) Tops Q4 EPS by 5c; Adds $200M to Stock Buyback Program
May 12, 2016 8:08 AM EDTRalph Lauren (NYSE: RL) reported Q4 EPS of $0.88, $0.05 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.86 billion.
The Company's Board of Directors authorized an additional $200 million stock repurchase program permitting... More
