BMO Capital Reiterates Underperform Rating on Ralph Lauren (RL)

Raymond James Reiterates Outperform Rating on Ralph Lauren (RL)

May 24, 2024 8:13 AM EDT

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

May 24, 2024 5:19 AM EDT

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

Ralph Lauren sees annual revenue below estimates, names insider as CFO

May 23, 2024 8:21 AM EDT

By Juveria Tabassum

(Reuters) -Ralph Lauren on Thursday forecast annual revenue growth below market expectations despite beating quarterly results, as it grapples with subdued demand in the United States.

The company also named insider Justin Picicci as its new chief financial officer, replacing Jane Nielsen, who will continue as Ralph's operations head.

The apparel maker's shares reversed course to rise 2% in morning trade as the company forecast strong margins for the year. The stock fell as much as 3% before... More

Ralph Lauren (RL) Raises Quarterly Dividend 10% to $0.825; 2% Yield

May 23, 2024 8:04 AM EDT

Ralph Lauren (NYSE: RL) declared a quarterly dividend of $0.825 per share, or $3.3 annualized. This is a 10% increase from the prior dividend of $0.75.

The dividend will be payable on July 12, 2024, to stockholders of record on June 28, 2024, with an ex-dividend date of June 27,... More

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

May 23, 2024 8:02 AM EDT

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

Ralph Lauren (RL) Appoints Justin Picicci as CFO

May 23, 2024 8:01 AM EDT

Ralph Lauren Corporation (NYSE: RL) announces the appointment of Justin Picicci as Chief Financial Officer (CFO), effective today. Jane Nielsen, who joined the Company as CFO in 2016 and has served as CFO and Chief Operating Officer (COO) since 2019, will remain the Companys COO, continuing to lead key operational and strategy functions through the end of Fiscal 2025 (year ending March 29, 2025). Piciccis appointment is part of a multi-year strategic succession plan to enable a seamless transition.

As CFO, Jane has had a tremendous impact on Ralph Lauren, helping to guide our Company through a... More

Stocks expected to have increasing option volume: RL BJ RH RAMP ZUO NVDA DELL MU SMCI AMD INTC

May 23, 2024 4:33 AM EDT

Stocks expected to have increasing option volume: RL BJ RH RAMP ZUO NVDA DELL MU SMCI AMD INTC SNOW ENS ELF VFC PLUS SNPS CYTK RPRX LYV GFS BE MRNA PFE GFS DD

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Ralph Lauren (RL) June option implied volatility into quarter results

May 22, 2024 11:04 AM EDT

Ralph Lauren (NYSE: RL) June option implied volatility is at 44, July is at 37; compared to its 52-week range of 22 to 83 into the expected release of quarter results before the bell on May 23.

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Ralph Lauren (RL) June straddle priced into quarter results

May 22, 2024 5:26 AM EDT

Ralph Lauren (NYSE: RL) June straddle priced for a move of 10% into the expected release of quarter results before the bell on May 23.

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