Guggenheim Reiterates Buy on Ralph Lauren, Maintains $200 Price Target
$RL
Apparel
Consumer Discretionary
Guggenheim analyst Robert Drbul reiterates Ralph Lauren (NYSE:RL) with a Buy and maintains $200 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2024 | $207.00 → $247.00 | Outperform | Telsey Advisory Group |
| 9/20/2024 | $195.00 → $207.00 | Outperform | Telsey Advisory Group |
| 4/30/2024 | $195.00 | Buy | Jefferies |
| 2/9/2024 | $165.00 → $195.00 | Outperform | Telsey Advisory Group |
| 12/12/2023 | $107.00 → $132.00 | Sell → Neutral | Goldman |
| 11/7/2023 | $130.00 | Outperform | Evercore ISI |
| 9/22/2023 | $135.00 | Outperform | Raymond James |
| 9/18/2023 | $166.00 | Neutral → Buy | Guggenheim |
SC 13G/A - RALPH LAUREN CORP (0001037038) (Subject)
SC 13G/A - RALPH LAUREN CORP (0001037038) (Subject)
SC 13G/A - RALPH LAUREN CORP (0001037038) (Subject)
4 - RALPH LAUREN CORP (0001037038) (Issuer)
4 - RALPH LAUREN CORP (0001037038) (Issuer)
4 - RALPH LAUREN CORP (0001037038) (Issuer)
Travel, especially abroad, has historically been a luxury for most Americans. Despite a tightening labor market and uncertain economic conditions, the number of households traveling abroad has soared nearly 30% as households build wealth. The number predictably fell in 2020 and 2021 during the COVID-19 pandemic but has increased in each of the past three years. The Data: A post on X relayed data from Bank of America. The number of households travelling abroad has increased in the past two years, and, as of June, is nearly 30% higher than 2019 levels pic.twitter.com/zhhq8DeQRo— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) July 11, 2024 Meanwhile, spending on luxuries abroad has see
10-Q - RALPH LAUREN CORP (0001037038) (Filer)
8-K - RALPH LAUREN CORP (0001037038) (Filer)
8-K - RALPH LAUREN CORP (0001037038) (Filer)
Second Quarter Revenue Increased 6% on Both a Reported and Constant Currency Basis, Ahead of Expectations Led by Europe and Asia Global Direct-to-Consumer Comparable Store Sales Grew 10%, Driven by Positive Retail Comps Across All Regions Adjusted Gross and Operating Margin Expansion Exceeded Our Outlook, with Brand Elevation and Expense Discipline More than Offsetting Planned Investments in Marketing and Key City Expansion Maintained Healthy Balance Sheet Including $1.7 Billion in Cash and Short-Term Investments and Well Positioned Inventories Ahead of Holiday While Mitigating Global Supply Chain Disruptions Returned Approximately $375 Million to Shareholders Through Our Divid
Ralph Lauren Corporation (NYSE:RL) announced that its Board of Directors has declared a regular quarterly dividend of $0.825 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on October 11, 2024 to shareholders of record at the close of business on September 27, 2024. ABOUT RALPH LAUREN Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing, and distribution of luxury lifestyle products in five categories: apparel, footwear & accessories, home, fragrances and hospitality. For more than 50 years, Ralph Lauren has sought to inspire the dream of a better life through authenticity and timeless style. Its reputation and distinctive image have b
First Quarter Revenue Increased 1% on a Reported Basis and 3% in Constant Currency, Ahead of Expectations Led by Growth in Europe and Asia Global Direct-to-Consumer Comparable Store Sales Grew 5%, Driven by Positive Retail Comps Across All Regions Adjusted Gross and Operating Margin Expansion Exceeded Our Outlook, with Brand Elevation and Expense Discipline More than Offsetting Investments in Marketing and Ecosystem Expansion Maintained Healthy Balance Sheet Including $1.8 Billion in Cash and Short-Term Investments and Well Positioned Inventories, Down 13% to Last Year Returned Approximately $225 Million to Shareholders Through Our Dividend and Repurchase of Class A Common S
Justin Picicci named Chief Financial Officer Jane Nielsen to remain Company's Chief Operating Officer through end of Fiscal 2025 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 Company's COO, continuing to lead key operational and strategy functions through the end of Fiscal 2025 (year ending March 29, 2025). Picicci's 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,
MEMPHIS, Tenn., Feb. 18, 2022 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), today announced the appointment of Michael George and Brian Hannasch to the AutoZone Board of Directors. "The additions of Mike and Brian to our Board of Directors will further enhance the tremendous depth of experiences, knowledge and skill sets represented on our Board," said Bill Rhodes, AutoZone's Chairman, President and CEO, Customer Satisfaction. "We are very fortunate to add these remarkable and proven leaders to our Board." Michael George formerly served as President and CEO of Qurate Retail from March 2018 to September 2021, the parent company of QVC, and as CEO of QVC from 2004 through July 2021. Pr
Clipper brings extensive expertise in finance and consumer-focused businesses to home services company Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home service plans, announced today that it has expanded its board of directors to nine on October 21, 2021 and named Christopher Clipper to its board of directors effective immediately. Clipper will also serve on the audit committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211022005105/en/Frontdoor names finance executive Christopher Clipper to its board of directors (Photo: Business Wire) Clipper currently serves as senior vice president and chief financia
Telsey Advisory Group reiterated coverage of Ralph Lauren with a rating of Outperform and set a new price target of $247.00 from $207.00 previously
Telsey Advisory Group reiterated coverage of Ralph Lauren with a rating of Outperform and set a new price target of $207.00 from $195.00 previously
Jefferies initiated coverage of Ralph Lauren with a rating of Buy and set a new price target of $195.00
Second Quarter Revenue Increased 6% on Both a Reported and Constant Currency Basis, Ahead of Expectations Led by Europe and Asia Global Direct-to-Consumer Comparable Store Sales Grew 10%, Driven by Positive Retail Comps Across All Regions Adjusted Gross and Operating Margin Expansion Exceeded Our Outlook, with Brand Elevation and Expense Discipline More than Offsetting Planned Investments in Marketing and Key City Expansion Maintained Healthy Balance Sheet Including $1.7 Billion in Cash and Short-Term Investments and Well Positioned Inventories Ahead of Holiday While Mitigating Global Supply Chain Disruptions Returned Approximately $375 Million to Shareholders Through Our Divid
Special-edition product capsule with Diné (Navajo) multidisciplinary artist Zefren-M builds on the Company's first-of-its-kind approach to cultural collaborations Ralph Lauren (NYSE:RL) today launched Double RL x Zefren-M, the second collaboration of the Company's Artist in Residence program with Diné (Navajo) artist Zefren-M (they/them). In line with the Double RL brand's 31-year history of showcasing timeless style through heritage craftsmanship and Zefren-M's own approach to weaving, the capsule celebrates Navajo tradition and culture with designs that blend the old and the new. Ralph Lauren's Artist in Residence program is part of the Company's ongoing commitment to expand its portra
Ralph Lauren Corporation (NYSE:RL) today published its 2024 Global Citizenship & Sustainability Report, capturing how the Company is putting its vision for timelessness into action and outlining its progress toward achieving its goals as part of its Timeless by Design strategy. "Since our founding 57 years ago, Ralph Lauren has stood for timelessness – creating beautiful, quality pieces that are made to be worn, loved and passed on to the next generation. Our vision for timelessness not only inspires what we create but also how we create it – including how we operate our global business and engage with our teams and the communities we serve. We do this because, like our iconic styles, we w