Company Of The Day: Ralph Lauren

-6.17%
Downside
98.84
Market
92.74
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. Ralph Lauren Stock To Trade Lower After FY Q4 Results?
  2. Ralph Lauren Stock Slumped 14% In Last Ten Days, What’s Next?
  3. Forecast Of The Day: Ralph Lauren’s North America Revenue
  4. Will Ralph Lauren’s Stock Move Higher Post Fiscal Q3 Results?
  5. What Is Next For Ralph Lauren’s Stock?
  6. What’s Happening With Sirius XM’s Stock?

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