Ralph Lauren names P&G executive Patrice Louvet as CEO
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Ralph Lauren (RL) PT Lowered to $74 at Credit Suisse; Remains Sidelined
May 19, 2017 9:08 AM EDTCredit Suisse lowered its price target on Ralph Lauren (NYSE: RL) to $74.00 (from $78.00) while maintaining a Neutral... More
Ralph Lauren (RL) PT Lowered to $75 at RBC Capital Following 4Q
May 19, 2017 8:30 AM EDTRBC Capital lowered its price target on Ralph Lauren (NYSE: RL) to $75.00 (from $84.00) while maintaining a Sector Perform rating. RL reported 4Q revenue and EPS of $1.56B and $0.89 compared to estimates of $1.54B and $0.80. The beat came from better than modeled GM... More
Ralph Lauren (RL) PT Lowered to $78 at Cowen Following Q4 Report; 'Understanding Future Growth & Margin Potential Remains Challenging'
May 19, 2017 6:36 AM EDTCowen lowered its price target on Ralph Lauren (NYSE: RL) to $78.00 (from $84.00) while maintaining a Market Perform rating, following the company's fourth quarter earnings report.
Analyst John Kernan notes the company delivered adjusted earnings per share results above consensus projections, while revenues were in-line,... More
Ralph Lauren (RL) Tops Q4 EPS by 11c, Revenues In-Line
May 18, 2017 8:05 AM EDTRalph Lauren (NYSE: RL) reported Q4 EPS of $0.89, $0.11 better than the analyst estimate of $0.78. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.56 billion.
Full Year Fiscal 2018 and First Quarter Outlook
The full year Fiscal 2018 and first quarter guidance excludes foreign currency impacts, restructuring and other related charges expected to be recorded in connection with the Companys Way Forward plan, and severance-related payments associated with the CEO departure.
For Fiscal 2018, net revenue is expected to decrease 8-9%, excluding the impact of foreign currency. Based on current exchange rates,... More
