Ralph Lauren Reports First Quarter Fiscal 2020 Results
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Ralph Lauren (RL) PT Lowered to $114 at Piper Jaffray
July 30, 2019 3:44 PM EDTPiper Jaffray analyst Erinn Murphy lowered the price target on Ralph Lauren (NYSE: RL) to $114.00 (from $121.00) while maintaining a Neutral rating.
... MoreRalph Lauren (RL) Tops Q1 EPS by 11c
July 30, 2019 8:04 AM EDTRalph Lauren (NYSE: RL) reported Q1 EPS of $1.77, $0.11 better than the analyst estimate of $1.66. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.42 billion.
Net income in the first quarter of Fiscal 2020 was $117 million or $1.47 per diluted share.On an adjusted basis, net income was $142 million, or $1.77 per diluted share, excluding restructuring-related and other charges.This compared to net income of $109 million, or $1.31 per diluted share on a reported basis, and net income of $128 million, or $1.54 per diluted share on an adjusted basis, for the first quarter of... More