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Ralph Lauren Corp (RL.N)

RL.N on New York Stock Exchange

110.27USD
19 Jul 2019
Change (% chg)

$0.88 (+0.80%)
Prev Close
$109.39
Open
$110.14
Day's High
$111.72
Day's Low
$110.02
Volume
208,243
Avg. Vol
233,951
52-wk High
$147.48
52-wk Low
$95.78

Latest Key Developments (Source: Significant Developments)

PVH Corp Names Stefan Larsson To Newly Created Role Of President
Tuesday, 21 May 2019 

May 21 (Reuters) - PVH Corp ::PVH CORP. NAMES STEFAN LARSSON TO NEWLY CREATED ROLE OF PRESIDENT.PVH CORP - APPOINTMENT OF STEFAN LARSSON TO NEWLY CREATED ROLE OF PRESIDENT, PVH CORP. EFFECTIVE JUNE 3.PVH CORP - CHAIRMAN AND CEO MANNY CHIRICO SIGNED A NEW FIVE-YEAR EMPLOYMENT AGREEMENT.PVH - LARSSON WAS MOST RECENTLY CEO OF RALPH LAUREN.  Full Article

Ralph Lauren Appoints Jane Hamilton Nielsen As Chief Operating Officer
Friday, 1 Mar 2019 

March 1 (Reuters) - Ralph Lauren Corp ::RALPH LAUREN SAYS ON FEB. 28, CO APPOINTED JANE HAMILTON NIELSEN AS EXECUTIVE VICE PRESIDENT, CHIEF OPERATING OFFICER - SEC FILING.RALPH LAUREN SAYS NIELSEN WILL ALSO CONTINUE TO SERVE AS THE COMPANY’S CHIEF FINANCIAL OFFICER.RALPH LAUREN SAYS AGREED TO AMEND AND RESTATE NIELSEN’S EMPLOYMENT AGREEMENT.RALPH LAUREN SAYS PURSUANT TO NEW EMPLOYMENT AGREEMENT, NIELSEN IS ENTITLED TO AN ANNUAL BASE SALARY OF NOT LESS THAN $1.05 MILLION.  Full Article

Ralph Lauren Sets Quarterly Dividend Of $0.625 Per Share
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Ralph Lauren Corp ::SETS REGULAR QUARTERLY DIVIDEND OF $0.625PER SHARE.  Full Article

Ralph Lauren Q1 Earnings Per Share $1.31
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Ralph Lauren Corp ::RALPH LAUREN REPORTS FIRST QUARTER FISCAL 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $1.54 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE $1.31.Q1 REVENUE $1.4 BILLION.EUROPE REVENUE IN Q1 INCREASED 8% TO $351 MILLION ON A REPORTED BASIS AND 2% IN CONSTANT CURRENCY.NORTH AMERICA REVENUE IN Q1 DECREASED 2% ON BOTH A REPORTED AND CONSTANT CURRENCY BASIS TO $698 MILLION.FOR FISCAL 2019, COMPANY NOW EXPECTS NET REVENUE TO BE DOWN SLIGHTLY IN CONSTANT CURRENCY.FOREIGN CURRENCY IS EXPECTED TO HAVE MINIMAL IMPACT ON REVENUE GROWTH IN FISCAL 2019.RALPH LAUREN - ASIA REVENUE IN Q1 UP 19% TO $248 MILLION ON REPORTED BASIS.IN Q2 OF FISCAL 2019, COMPANY EXPECTS NET REVENUE TO BE FLAT TO DOWN SLIGHTLY IN CONSTANT CURRENCY.CONTINUES TO PLAN CAPITAL EXPENDITURES OF APPROXIMATELY $275 MILLION FOR FISCAL 2019.RALPH LAUREN - SEES OPERATING MARGIN FOR Q2 2019 UP ABOUT 30 BASIS POINTS IN CONSTANT CURRENCY.Q1 EARNINGS PER SHARE VIEW $1.36, REVENUE VIEW $1.36 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Ralph Lauren Presents Its Strategic Growth Plan, "Writing Our Next Great Chapter" And Long Term Financial Outlook
Thursday, 7 Jun 2018 

June 7 (Reuters) - Ralph Lauren Corp ::RALPH LAUREN PRESENTS ITS STRATEGIC GROWTH PLAN, “WRITING OUR NEXT GREAT CHAPTER” AND LONG TERM FINANCIAL OUTLOOK.RALPH LAUREN CORP - ADDITIONAL $1 BILLION STOCK REPURCHASE PROGRAM AND A 25% DIVIDEND INCREASE AUTHORIZED BY BOARD OF DIRECTORS.RALPH LAUREN CORP - FIVE-YEAR FINANCIAL OUTLOOK INCLUDES LOW TO MID-SINGLE DIGIT REVENUE COMPOUNDED ANNUAL GROWTH RATE.RALPH LAUREN CORP - IN ADDITION, CAPITAL EXPENDITURES ARE EXPECTED TO REPRESENT 4-5% OF REVENUE BY FISCAL 2023.RALPH LAUREN - FIVE-YEAR FINANCIAL OUTLOOK INCLUDES MID-TEEN OPERATING MARGIN BY FISCAL 2023 IN CONSTANT CURRENCY, EXCLUDING RESTRUCTURING CHARGES.RALPH LAUREN CORP - CO IS REITERATING FISCAL 2019 GUIDANCE THAT WAS RECENTLY PROVIDED ON ITS EARNINGS CALL ON MAY 23.RALPH LAUREN CORP - LINDA KOZLOWSKI, COO OF ETSY, TO BE ADDED TO BOARD OF DIRECTORS.RALPH LAUREN CORP - BOARD OF DIRECTORS APPROVED A RESTRUCTURING PLAN ASSOCIATED WITH COMPANY'S STRATEGIC OBJECTIVE.RALPH LAUREN CORP - CO IS TARGETING A RETURN TO REVENUE GROWTH IN FISCAL 2020 IN CONSTANT CURRENCY.RALPH LAUREN CORP - EXPECTS TO INCUR RESTRUCTURING CHARGES OF $100-$150 MILLION IN CONNECTION WITH ITS FISCAL 2019 RESTRUCTURING PLAN.RALPH LAUREN CORP - CAPITAL EXPENDITURES ARE EXPECTED TO REPRESENT 4-5% OF REVENUE BY FISCAL 2023.RALPH LAUREN CORP - CHARGES ARE EXPECTED TO BE SUBSTANTIALLY RECOGNIZED BY END OF FISCAL 2019.  Full Article

Ralph Lauren Reports Q4 Adjusted Earnings Per Share $0.90 Excluding Items
Wednesday, 23 May 2018 

May 23 (Reuters) - Ralph Lauren Corp ::RALPH LAUREN REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2018 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.90 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.50.Q4 REVENUE $1.5 BILLION.FOREIGN CURRENCY IS EXPECTED TO BENEFIT REVENUE GROWTH BY APPROXIMATELY 150-200 BASIS POINTS IN Q1 OF FISCAL 2019.IN Q1 OF FISCAL 2019, COMPANY EXPECTS NET REVENUE TO BE FLAT TO DOWN SLIGHTLY IN CONSTANT CURRENCY.PLANNING CAPITAL EXPENDITURES OF APPROXIMATELY $275 MILLION FOR FISCAL 2019.OPERATING MARGIN FOR Q1 OF FISCAL 2019 IS EXPECTED TO BE UP SLIGHTLY IN CONSTANT CURRENCY.FOR FISCAL 2019, NET REVENUE IS EXPECTED TO DECREASE LOW SINGLE-DIGITS IN CONSTANT CURRENCY.FOREIGN CURRENCY IS EXPECTED TO HAVE MINIMAL IMPACT ON REVENUE GROWTH IN FISCAL 2019.NORTH AMERICA REVENUE IN THE FOURTH QUARTER DECREASED 14% ON BOTH A CONSTANT CURRENCY AND REPORTED BASIS TO $759 MILLION.EXPECTS OPERATING MARGIN FOR FISCAL 2019 TO BE UP SLIGHTLY IN CONSTANT CURRENCY DRIVEN BY GROSS MARGIN EXPANSION.EUROPE REVENUE IN THE FOURTH QUARTER $420 MILLION, DOWN 1% IN CONSTANT CURRENCY BASIS.ASIA REVENUE IN THE FOURTH QUARTER $257 MILLION, UP 11% ON CONSTANT CURRENCY BASIS.  Full Article

Ralph Lauren expects Q4 SG&A expense to rise as co invests in marketing and stores
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Ralph Lauren Corp :Ralph Lauren -Co expects to reach almost $0.5 billion in revenue in Greater China along with Hong Kong, Macau and Taiwan in 5 yrs from about $170 million in 2017.Ralph Lauren - saw about 1 point of comp pressure in North America in Q2 due to hurricanes with meaningful impact in Texas, Florida and Puerto Rico -conf call.Ralph Lauren - In Q3, SG&A rate will create some pressure as co laps last year's expense reductions, invests in marketing, product and stores -conf call.Ralph Lauren - expects Q4 sales to be pressured on shift in wholesale shipments, and March quarter is driven by clearance sales post holiday -conf call.Ralph Lauren -for Q4, expect SG&A expense to rise versus last year due to double-digit growth in marketing expense in 2H -conf call.Ralph Lauren - Co says it is down 20 percent to 25 percent points of distribution in department stores -conf call.Ralph Lauren - expects gross margin expansion in 2H 2018 of at least 150 basis points -conf call.  Full Article

Ralph Lauren reports Q2 adjusted earnings per share of $1.99
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Ralph Lauren Corp :Ralph Lauren reports second quarter fiscal 2018 results.Q2 adjusted earnings per share $1.99 excluding items.Q2 earnings per share $1.75.Q2 earnings per share view $1.89 -- Thomson Reuters I/B/E/S.Q2 revenue $1.7 billion versus I/B/E/S view $1.65 billion.Ralph Lauren Corp - in the third quarter of fiscal 2018, the company expects net revenue to be down 6%-8%, excluding the impact of foreign currency‍​.Ralph Lauren Corp- ‍North America revenue in Q2 decreased 16 percent to $877 million​.Ralph Lauren Corp- ‍Europe revenue in Q2 increased 4 percent to $463 million on a reported basis and was flat in constant currency​.Ralph Lauren Corp - operating margin for q3 of fiscal 2018 is expected to be down 50-70 basis points, excluding the impact of foreign currency‍​.Ralph Lauren Corp- ‍Asia revenue in Q2 was flat compared with prior year period on a reported basis at $217 million and increased 4 percent in constant currency​.Ralph Lauren Corp - expect capital expenditures of approximately $225 million for fiscal 2018, lower than previous guidance of $300 million‍​.Ralph Lauren-now expects operating margin for fiscal 2018 to be 9.5%-10.5%, excluding impact of foreign currency, versus previous guidance of 9.0%-10.5%.Ralph Lauren-for fiscal 2018, the company continues to expect net revenue to decrease 8% to 9%, excluding the impact of foreign currency.  Full Article

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