Ralph Lauren Reports Fourth Quarter and Full Year Fiscal 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
Ralph Lauren (RL) PT Lowered to $147 at Cowen
May 21, 2021 7:26 AM EDTCowen analyst John Kernan lowered the price target on Ralph Lauren (NYSE: RL) to $147.00 (from $152.00) while maintaining an Outperform rating.
The analyst commented, "Q4 EPS was above expectations but guidance for FY22 revenue is slightly below expectations and total implied SG&A... More
Ralph Lauren (RL) Tops Q4 EPS by $1.11
May 20, 2021 8:04 AM EDTRalph Lauren (NYSE: RL) reported Q4 EPS of $0.38, $1.11 better than the analyst estimate of ($0.73). Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.21 billion.
Full Year Fiscal 2022 and First Quarter Outlook:
The Company continues to note the ongoing uncertainty and evolving situation surrounding COVID-19 impacting the timing and path of recovery in each market, including the potential for further resurgences of the pandemic across various markets. The full year Fiscal 2022 and first quarter guidance excludes restructuring-related and other charges, as described in the "Non-U.S. GAAP... More
