Ralph Lauren Reports Fourth Quarter and Full Year Fiscal 2024 Results Ahead of Expectations; Provides Initial Outlook for Fiscal 2025

Raymond James Reiterates Outperform Rating on Ralph Lauren (RL)

Raymond James analyst Rick Patel reiterated an Outperform rating and $195.00 price target on Ralph Lauren (NYSE: RL).

The analyst comments "RL reported a F4Q EPS beat on better GM% while Revenue was slightly better. We view RL remains a high-quality moderate-growth story with... More

Ralph Lauren (RL) PT Lowered to $180 at Wells Fargo

Wells Fargo analyst Ike Boruchow lowered the price target on Ralph Lauren (NYSE: RL) to $180.00 (from $185.00) while maintaining a Equal Weight rating.

The analyst comments "The Q was "fine" - revs & EPS were essentially in line with the Street, with GMs once... More

BMO Capital Reiterates Underperform Rating on Ralph Lauren (RL)

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

Ralph Lauren (RL) Tops Q4 EPS by 4c, Offers Outlook

Ralph Lauren (NYSE: RL) reported Q4 EPS of $1.71, $0.04 better than the analyst estimate of $1.67. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.56 billion.

Full Year Fiscal 2025 and First Quarter Outlook:

The Company's outlook is based on its best assessment of the current geopolitical and macroeconomic environment, including inflationary pressures, other consumer spending-related headwinds and foreign currency volatility, among others. The full year Fiscal 2025 and first quarter guidance excludes any potential restructuring-related and other net charges that may be incurred in future periods, as... More