Ralph Lauren Reports First Quarter Fiscal 2017 Results
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Standpoint Research Downgrades Ralph Lauren (RL) to Hold
August 11, 2016 1:08 PM EDTStandpoint Research downgraded Ralph Lauren (NYSE: RL) from Buy to Hold.
For an analyst ratings summary and ratings history on Ralph Lauren click here. For more ratings news on Ralph Lauren click here.
Shares of Ralph Lauren closed at $103.14 yesterday.
... MoreUBS Raises Price Target on Ralph Lauren (RL) to $117; Reiterates Buy
August 11, 2016 9:31 AM EDTUBS reiterated a Buy rating on Ralph Lauren (NYSE: RL), and raised the price target to $117.00 (from $115.00), following the company's 1Q earnings report. RL delivered revenues in line with its MSD% guidance, and guided 2Q revenues to M/HSD% above consensus at -10%.
Analyst Michael Binetti commented,... More
Ralph Lauren (RL) Tops Q1 EPS by 17c, Offers Outlook
August 10, 2016 8:05 AM EDTRalph Lauren (NYSE: RL) reported Q1 EPS of $1.06, $0.17 better than the analyst estimate of $0.89. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.53 billion.
Consolidated comparable store sales decreased 6% on a reported basis and 7% in constant currency during the first quarter, primarily due to lower traffic trends.
Second Quarter and Full Year Fiscal 2017 Outlook
In the second quarter of Fiscal 2017, the Company... More
