Reports Q3 revenue $2.14B, consensus $2.01B. Global direct-to-consumer comparable store sales Grew 12%. “I have always been inspired by the spirit of the holidays – the sense of optimism, celebrating the warmth of family and togetherness, and an enduring sense of tradition,” said Ralph Lauren (RL), executive chairman and chief creative officer. “We are proud that a growing number of customers are turning to us for these key moments and in their everyday lives.”
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RL:
- Ralph Lauren price target raised to $268 from $258 at TD Cowen
- RL Earnings this Week: How Will it Perform?
- Ralph Lauren price target raised to $285 from $260 at Guggenheim
- Ralph Lauren price target raised to $285 from $280 at Jefferies
- Ralph Lauren downgraded to Market Perform at Raymond James (earlier)