Tag: $Ralph Lauren

Ralph Lauren Corp Class A (RL) beat Wall Street estimates for quarterly profit and revenue, helped by a healthy holiday season and steady demand from higher-income shoppers. But shares of the luxury retailer dropped 8% before the opening bell on Thursday. Company said it expects margin contraction in Q4 due to tariffs.

Ralph Lauren raised its annual revenue forecast on Thursday, signaling robust demand from affluent shoppers for its Polo shirts and cable-knit sweaters in North America, Europe and Asia.

Ralph Lauren surpassed fourth-quarter revenue and profit estimates on Thursday, helped by resilient demand for its classic Polo shirts and spring dresses, sending its shares up 3% in premarket trading.

Ralph Lauren raised its annual revenue forecast on Thursday, betting on more younger shoppers picking up its spring collection of dresses, skinny cuffed trousers and floral dinner jackets.

Ralph Lauren Corp posted a rise in quarterly revenue on Wednesday, benefiting from steady demand for its pricey denims and polo shirts in Europe and Asia.

 Ralph Lauren on Thursday forecast annual revenue growth below market expectations and named Justin Picicci as its chief financial officer succeeding Jane Nielsen.

Ralph Lauren Corp.’s stock rose about 5% before surrendering those gains to trade down slightly early Wednesday, after the luxury apparel company posted a profit and revenue beat for its fiscal second quarter. 

Ralph Lauren Corp.’s stock rose about 5% before surrendering those gains to trade down slightly early Wednesday, after the luxury apparel company posted a profit and revenue beat for its fiscal second quarter.

Ralph Lauren (RL.N) on Thursday forecast current-quarter sales largely below Wall Street estimates, in a sign that demand for its pricey sweaters, shirts and outdoor clothing was losing steam amid a broader slowdown in U.S. luxury spending.

Ralph Lauren Corp reported a surprise rise in fourth-quarter revenue on Thursday, as affluent U.S. shoppers snapped up its pricey sweaters and suits even as overall luxury spending cooled in the region.