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Ralph Lauren Corp Add to portfolio

INX:RL, Sep 26, 09:37 UTC

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Monday, September 24


News

Voya Investment Management LLC Sells 30,565 Shares of Ralph Lauren Corp (NYSE:RL) – Marea Informative

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Several other large investors have also recently bought and sold shares of the company. Janus Henderson Group PLC now owns 887,629 shares of the textile maker’s stock worth $111,600,000 after acquiring an additional 290,386 shares in the last quarter. Northern Trust Corp increased its holdings in Ralph Lauren by 2.9% in the 1st quarter. Northern Trust Corp now owns 718,092 shares of the textile maker’s stock worth $80,282,000 after acquiring an additional 19,909 shares in the last quarter. The textile maker reported $1.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.36 by $0.18. Finally, Telsey Advisory Group boosted their price target on shares of Ralph Lauren from $125.00 to $155.00 and gave the stock a “market perform” rating in a report on Monday, June 11th.

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Thursday, September 20


News

Ralph Lauren to join Freeport Braintree

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A designer brand is looking for people to join its new store, opening at Freeport Braintree next month. The store is advertising for an assistant manager, with at least 4 years of experience in retail. A board in Freeport Braintree said: "We look forward to welcoming you to our new store, opening October." Josef O'Sullivan, centre manager at Freeport Braintree, said: "We can confirm an exciting new brand will be joining the centre in October, keep an eye on our website and social media for more updates when available." Sorry, an error occurred.

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Friday, September 14


News

Ralph Lauren Corporation Declares Quarterly Dividend

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Ralph Lauren Corporation (RL) announced that its Board of Directors has declared a regular quarterly dividend of $0.625 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on October 12, 2018 to shareholders of record at the close of business on September 28, 2018. Ralph Lauren Corporation (RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The factors that could cause actual results to materially differ include, among others: the loss of key personnel, including Mr. Ralph Lauren, or other changes in our executive and senior management team or to our operating structure, and our ability to effectively transfer knowledge during periods of transition; our ability to successfully implement our long-term growth strategy and achieve anticipated operating enhancements and cost reductions from our restructuring plans; the impact to our business resulting from investments and other costs incurred in connection with the execution of our long-term growth strategy, including restructuring-related charges, which may be dilutive to our earnings in the short term; our ability to continue to expand or grow our business internationally and the impact of related changes in our customer, channel, and geographic sales mix as a result; our ability to open new retail stores, concession shops, and digital commerce sites in an effort to expand our direct-to-consumer presence; the impact to our business resulting from changes in consumers' ability, willingness, or preferences to purchase premium lifestyle products that we offer for sale and our ability to forecast consumer demand, which could result in either a build-up or shortage of inventory; our ability to continue to maintain our brand image and reputation and protect our trademarks; our ability to effectively manage inventory levels and the increasing pressure on our margins in a highly promotional retail environment; the impact to our business resulting from potential costs and obligations related to the early closure of our stores or termination of our long-term, non-cancellable leases; the impact of economic, political, and other conditions on us, our customers, suppliers, vendors, and lenders; our ability to secure our facilities and systems and those of our third-party service providers from, among other things, cybersecurity breaches, acts of vandalism, computer viruses, or similar Internet or email events; our efforts to successfully enhance, upgrade, and/or transition our global information technology systems and digital commerce platform; a variety of legal, regulatory, tax, political, and economic risks, including risks related to the importation and exportation of products, tariffs, and other trade barriers which our operations are currently subject to, or may become subject to as a result of potential changes in legislation, and other risks associated with our international operations, such as compliance with the Foreign Corrupt Practices Act or violations of other anti-bribery and corruption laws prohibiting improper payments, and the burdens of complying with a variety of foreign laws and regulations, including tax laws, trade and labor restrictions, and related laws that may reduce the flexibility of our business; the potential impact to our business resulting from the imposition of additional duties, tariffs, taxes, and other charges or other barriers to trade resulting from the current trade developments with China; changes in our tax obligations and effective tax rate due to a variety of other factors, including potential additional changes in U.S. or foreign tax laws and regulations, accounting rules, or the mix and level of earnings by jurisdiction in future periods

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Social Chatter

Ralph Lauren Corp (INX:RL) social chatter is higher than usual

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Wow! Our *WIN A BOLLARD* competition has taken Twitter by storm. To celebrate, we're going to give away a bonus prize to anyone who RT's and follows @WorldBollard ...An exclusive #WorldBollardAssociation t-shirt exclusively designed for us by legendary bollard fan Ralph Lauren https://t.co/jSb3CVELSZ

Thursday, September 13


News

How Ralph Lauren is Gaining From Strength in Luxury Retail

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Ralph Lauren RL is among the few stocks in the Luxury Retail space that are witnessing strong growth, mostly tied to the prosperity of the industry. The rise in disposable income has lifted consumers’ spending appetite, which is clear from the increasing demand for luxury items, including premium apparel, accessories and others.This undoubtedly is a positive sign for the Textile-Apparel (Luxury Retail) industry, which is placed in the top 11% (28 out of 255) of the Zacks industries. The overall digital business improved 7% globally in the fiscal first quarter, with 24% growth coming from the international business and North America up slightly.After completing the development of its directly-operated North America e-commerce business, the company upgraded the European e-commerce business to directly-operated platform in the fiscal first quarter. In addition to curtailing its number of Stock Keeping Units (SKUs) and closing underperforming stores, Ralph Lauren is on course to reduce supply chain lead times to improve sales quality and lower markdowns.Apart from this, Ralph Lauren is well on track with its restructuring plan, which is likely to generate savings of roughly $140 million by the end of fiscal 2019.

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Tuesday, September 11


News

Ralph Lauren to open first Leeds store

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Fashion brand Ralph Lauren is set to open its first store in Leeds. Hammerson has signed the retailer up at Victoria Leeds, its shopping destination in the city made up of Victoria Quarter and Victoria Gate. Anchored by Harvey Nichols and John Lewis's first store in the city, the arcades are also home to brands including Anthropologie, Joules, Aspinal of London and international restaurant group D&D's, Issho and East 59th. Iain Mitchell, UK commercial director at Hammerson, said: "Ralph Lauren represents another retail first for the city and is a superb addition to the existing line-up of aspirational and lifestyle brands at Victoria Leeds. Signings such as this demonstrate that demand from premium brands for high quality retail space in growing UK cities such as Leeds remains strong."

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Sunday, September 09


News

Meadow Creek Investment Management LLC Buys 18,116 Shares of Ralph Lauren Corp (RL) – Marea Informative

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PNC Financial Services Group Inc. now owns 2,516 shares of the textile maker’s stock valued at $317,000 after acquiring an additional 614 shares in the last quarter. Norinchukin Bank The raised its holdings in shares of Ralph Lauren by 14.7% in the 1st quarter. Norinchukin Bank The now owns 5,078 shares of the textile maker’s stock valued at $568,000 after acquiring an additional 649 shares in the last quarter. The company has a market cap of $10.63 billion, a P/E ratio of 21.57, a P/E/G ratio of 2.07 and a beta of 0.66. In related news, insider David R. Lauren sold 1,764 shares of the firm’s stock in a transaction that occurred on Monday, June 11th. Zacks Investment Research upgraded Ralph Lauren from a “hold” rating to a “buy” rating and set a $155.00 price objective on the stock in a research report on Wednesday, June 6th.

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Saturday, September 08


Social Chatter

Ralph Lauren Corp (INX:RL) social chatter is higher than usual

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Ralph Lauren Watches & Jewelry Unveils Exclusive, Hand-Engraved American Western Collection https://t.co/xGNlOmEvgY https://t.co/v0hsxyvP0v

Thursday, August 30


News

Why Is Ralph Lauren (RL) Up 4.7% Since Last Earnings Report?

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Will the recent positive trend continue leading up to its next earnings release, or is Ralph Lauren due for a pullback? Notably, this marked the company’s 14th straight quarter of earnings beat.On a GAAP basis, Ralph Lauren posted earnings per share of $1.31, surging 82% from the year-ago figure of 72 cents. Reported earnings for the quarter primarily included restructuring and other charges associated with the company’s Way Forward plan and impairment of assets as well as inventory related charges.RevenuesRalph Lauren’s net revenues increased 3% year over year to 1,390.6 million. However, the top-line figure surpassed the Zacks Consensus Estimate of $1,365 million. This increase was driven by the investments made to support store expansions.Moreover, the company incurred capital expenditures of $42.3 million in the quarter. For fiscal 2019, the same is now estimated to be roughly $275 million.Store UpdateAs of Jun 30, 2018, Ralph Lauren had 484 directly-operated stores and 633 concession shops globally.

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Tuesday, August 28


News

Ralph Lauren Corporation (NYSE:RL) has analysts on the Bullish side this week.

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Ralph Lauren Corporation (NYSE:RL) has analysts on the Bullish side this week. Oakbrook Invs Ltd Liability Corp has 0.02% invested in Ralph Lauren Corporation (NYSE:RL) for 2,300 shares. Alliancebernstein Lp stated it has 0.01% of its portfolio in Ralph Lauren Corporation (NYSE:RL). Since June 11, 2018, it had 0 insider purchases, and 2 sales for $14.49 million activity. The stock of Ralph Lauren Corporation (NYSE:RL) has “Sector Perform” rating given on Thursday, May 24 by RBC Capital Markets.

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