UBS Raises Price Target on Ralph Lauren (RL) to $117; Reiterates Buy

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Ralph Lauren Reports First Quarter Fiscal 2017 Results

August 10, 2016 8:02 AM EDT

First Quarter Net Revenues Were $1.6 Billion Earnings (Loss) Per Diluted Share Was ($0.27) on a Reported Basis and $1.06 on an Adjusted Basis, Excluding Restructuring and Other Related Charges Operating Income (Loss) Margin Was (2.0%) on a Reported Basis and 8.2% on an Adjusted Basis, Excluding Restructuring and Other Related Charges Company Maintains Its Full Fiscal Year Outlook

NEW YORK--(BUSINESS WIRE)-- Ralph Lauren Corporation (NYSE: RL) today reported earnings per diluted share of ($0.27) on a reported basis and $1.06 on an adjusted... More