Piper Jaffray Downgrades Ralph Lauren (RL) to Underweight
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Ralph Lauren PT Drops to $79 at Instinet
February 6, 2017 7:44 AM ESTInstinet analyst Simeon Seigel reiterates Neutral rating on Ralph Lauren (NYSE: RL) but lowers price target to $79.00 (from $93.00), citing disappointing guidance, decline in wholesales drives, shrinking inventory and the departure of Stefan Larsson.
Siegel further comments, The abrupt departure of Stefan Larsson... More
Ralph Lauren (RL) Pres/CEO Stefan Larsson to Depart
February 2, 2017 8:04 AM ESTRalph 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 the Company.
Ralph Lauren, Executive Chairman and Chief... More
Ralph Lauren (RL) Tops Q3 EPS by 22c
February 2, 2017 8:01 AM ESTRalph Lauren (NYSE: RL) reported Q3 EPS of $1.86, $0.22 better than the analyst estimate of $1.64. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.71 billion.
For earnings history and earnings-related data on Ralph Lauren (RL) click here.
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