Ralph Lauren (RL) Raises Quarterly Dividend 25% to $0.625; 1.8% Yield
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Ralph Lauren (RL) PT Raised to $128 at Nomura/Instinet Following Investor Day
June 8, 2018 7:01 AM EDTNomura/Instinet raised its price target on Ralph Lauren (NYSE: RL) to $128.00 (from $120.00) while maintaining a Neutral rating following the company's investor day. With a clearly +ve and an encouraging tone, management outlined an exciting plan, which, if executed will likely take... More
Ralph Lauren (RL) Offers Long Term Financial Outlook, Raises Dividend, Approves $1B Buyback
June 7, 2018 8:02 AM EDTRalph Lauren Corporation (NYSE: RL), a global leader in the design, marketing, and distribution of premium lifestyle products, will be hosting a meeting for investors and analysts today to present its strategic growth plan, Writing Our Next Great Chapter, to deliver sustainable long-term growth and value creation, and to discuss the Companys long term financial outlook.
As part of its strategic plan, the Company intends to execute on the following five strategic priorities:
Win over a new generation of consumersEnergize core products and accelerate under-developed... More