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Ralph Lauren shares down on dim earnings, outlook

2016-02-05 11:33:16| Apparel - Topix.net

Shares in Ralph Lauren fell more than 22 percent to a multiyear low Thursday after the company cut its outlook for 2016 and reported disappointing earnings it blamed on unseasonably warm holiday weather and a drop in foreign tourist traffic in North America. The New York-based upscale clothing company reported net income of $131 million, or $1.54 per share, for the fiscal third quarter ended Dec. 26, down 39 percent from $215 million, or $2.41 per share, for the same period a year earlier.

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Ralph Lauren and Kohl's shares are getting annihilated

2016-02-05 00:18:08| Apparel - Topix.net

Retail store owner Kohl's and clothing maker Ralph Lauren are both down double digits in morning trading on Thursday after reporting disappointing earnings. Ralph Lauren reported earnings per share of $1.54, below the expectation for $2.13 per share.

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Ralph Lauren Corp (RL) Now Covered by Standpoint Research

2016-01-25 03:45:58| Apparel - Topix.net

The firm set a "buy" rating on the stock. In related news, COO Jackwyn Nemerov sold 44,773 shares of Ralph Lauren Corp stock in a transaction dated Friday, November 6th.

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Ralph Lauren Corp (RL) Earns A- Credit Rating from Morningstar

2016-01-20 11:27:34| Apparel - Topix.net

Ralph Lauren Corp has earned an "A-" credit rating from Morningstar . The research firm's "A-" rating suggests that the company is a low default risk.

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Ralph Lauren Corp (RL) Rating Reiterated by Piper Jaffray

2016-01-03 11:46:33| Apparel - Topix.net

's stock had its "neutral" rating restated by analysts at Piper Jaffray in a report issued on Thursday, Analyst Ratings Net reports. They presently have a $116.00 price target on the stock.

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