Ralph Lauren (RL) June straddle priced into quarter results

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BMO Capital Reiterates Underperform Rating on Ralph Lauren (RL)

May 23, 2024 9:25 AM EDT

BMO Capital analyst Simeon Siegel reiterated an Underperform rating and $113.00 price target on Ralph Lauren (NYSE: RL).

The analyst comments "In-line top line, better GM, excluding more restructuring/severance (four of last five quarters excluded a >$6.5mm restructuring charge) drove adjusted EPS beat.... More