Piper Jaffray Downgrades Ralph Lauren (RL) to Underweight
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Ralph Lauren Reports Third Quarter Fiscal 2017 Results
February 2, 2017 8:01 AM ESTReported EPS of $0.98 and Adjusted EPS of $1.86 Maintains Its Fiscal 2017 Outlook Announces CEO Departure; Jane Nielsen to Lead Execution of the Way Forward Plan
NEW YORK--(BUSINESS WIRE)-- Ralph Lauren Corporation (NYSE: RL), a global leader in the design, marketing, and distribution of premium lifestyle products, today reported earnings per diluted share of $0.98 on a reported basis and $1.86 on an adjusted basis, excluding restructuring and other related charges recorded in connection with the Companys Way Forward... More
Ralph Lauren Corporation Announces CEO Departure
February 2, 2017 8:01 AM ESTThe Company and Stefan Larsson Mutually Agree to Part Ways; Company Will Conduct CEO Search; Execution of the Way Forward Plan Will Continue
NEW YORK--(BUSINESS WIRE)-- Ralph Lauren Corporation (NYSE: RL) today announced that Stefan Larsson, President and Chief Executive Officer, will depart from the Company on May 1. A search for a new Chief Executive Officer will be conducted. The Company will continue to execute the Way Forward Plan announced in June 2016, and Chief Financial Officer Jane Nielsen will lead the execution of the Plan until a new CEO joins... More
