Ralph Lauren (RL) Buy Rating Reiterated at Goldman Sachs
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Credit Suisse Downgrades Ralph Lauren (RL) to Neutral
May 12, 2014 7:03 AM EDTCredit Suisse downgraded Ralph Lauren (NYSE: RL) from Outperform to Neutral.
For an analyst ratings summary and ratings history on Ralph Lauren click here. For more ratings news on Ralph Lauren click here.
Shares of Ralph Lauren closed at $148.81 yesterday.
... MoreRalph Lauren Corp (RL) Tops Q4 EPS by 5c; Guides Q1, FY15 Growth
May 9, 2014 8:02 AM EDTRalph Lauren Corp (NYSE: RL) reported Q4 EPS of $1.68, $0.05 better than the analyst estimate of $1.63. Revenue for the quarter came in at $1.83 billion versus the consensus estimate of $1.83 billion.
Revenue highlights:
Wholesale Sales. Wholesale segment sales increased 24% to $983 million in the fourth quarter, fueled by broad-based growth in the Americas, including strong demand for accessories; the contribution from the newly transitioned Chaps mens sportswear operations; and double-digit growth in Europe.For Fiscal 2014, wholesale revenues were $3.5 billion, 11% above Fiscal 2013. The increase in wholesale revenues was primarily a... More