Ralph Lauren (RL) Tops Q3 EPS by 32c; Raises Outlook
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Ralph Lauren (RL) PT Raised to $330 at Jefferies
February 6, 2025 3:32 PM ESTJefferies analyst Ashley Helgans raised the price target on Ralph Lauren (NYSE: RL) to $330.00 (from $285.00) while maintaining a Buy rating.
The analyst comments "Q3 beat, featuring strength across regions, w/ AUR accel. to 12%. Brand elevation, distrib. changes, and mktg activations are... More
Ralph Lauren (RL) PT Raised to $310 at Barclays
February 6, 2025 1:26 PM ESTBarclays analyst Adrienne Yih raised the price target on Ralph Lauren (NYSE: RL) to $310.00 (from $257.00) while maintaining a Overweight rating.
The analyst comments "Continued acceleration in comp stores sales plus a return to wholesale growth demonstrates the momentum of the brand and ability to... More
Ralph Lauren shares jump on Q3 profit beat
February 6, 2025 8:18 AM ESTInvesting.com --Â Ralph Lauren Corp posted third-quarter earnings above Wall Street estimates on Thursday, as affluent consumers continued to spend on high-end apparel, boosting sales and margins. Shares jumped more than 6% before the opening bell.Â
The luxury fashion house reported earnings per share of $4.66 on a reported... More
Ralph Lauren's dresses, Polo shirts drive sales forecast raise
February 6, 2025 8:13 AM ESTBy Ananya Mariam Rajesh
(Reuters) -Ralph Lauren raised its annual revenue forecast on Thursday as the apparel maker bet on younger shoppers picking up its spring collection of dresses, floral dinner jackets and Polo shirts, sending its shares up 15%.
Unlike European fashion houses Hugo Boss and Kering, Ralph Lauren has enjoyed strong demand as its investments in brands such as Polo and Purple Label helped pull in wealthy shoppers, especially from the younger demographic in North America.
... More