Company Of The Day: Ralph Lauren

+4.65%
Upside
167
Market
175
Trefis
RL: Ralph Lauren logo
RL
Ralph Lauren

What? 

High-end apparel retailer Ralph Lauren (NYSE:RL) published a better than expected set of Q1 results, with revenue rising by 183% year-over-year to $1.38 billion and adjusted EPS standing at $2.29. Guidance was also strong, with the company projecting 20% to 22% year-over-year revenue growth on a constant currency basis for Q2.

Why?

Relevant Articles
  1. What To Expect From Ralph Lauren’s Fiscal Q2 After Stock Up 9% This Year?
  2. What’s Next For Ralph Lauren Stock?
  3. Will Ralph Lauren Stock Trade Lower Post Fiscal Q3?
  4. Ralph Lauren Q2 Preview: What Are We Watching?
  5. Ralph Lauren Stock To Trade Lower After FY Q4 Results?
  6. Ralph Lauren Stock Slumped 14% In Last Ten Days, What’s Next?

The earnings beat was driven by a rebound in sales in the U.S. and Europe. Moreover, online sales also remained strong, despite the reopening of physical stores.

So What?

Ralph Lauren’s stock rallied by about 6% following the earnings report.

See Our Complete Analysis For Ralph Lauren

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market since 2016

See all Trefis Price Estimates and Download Trefis Data here

What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams