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Ralph Lauren Corporation - RL STOCK NEWS

Welcome to our dedicated page for Ralph Lauren Corporation news (Ticker: RL), a resource for investors and traders seeking the latest updates and insights on Ralph Lauren Corporation stock.

Ralph Lauren Corporation (symbol: RL) is synonymous with American lifestyle, timeless design, and impeccable quality. Founded in 1967 by designer Ralph Lauren in New York City, the company has grown into a global leader in the design, marketing, and distribution of premium lifestyle products across four main categories: apparel, home, accessories, and fragrances.

Ralph Lauren has cultivated a brand that exemplifies style, sophistication, and attention to detail. The company's products include a wide range of items such as apparel, footwear, eyewear, jewelry, handbags, home goods, and fragrances. The iconic brands under the Ralph Lauren umbrella include Ralph Lauren Collection, Polo Ralph Lauren, and Lauren Ralph Lauren.

Operating on an international scale, Ralph Lauren Corporation distributes its products through multiple channels. These include wholesale partnerships with department stores and specialty stores, company-owned retail stores, and a robust e-commerce platform. The brand is also involved in licensing arrangements that help expand its reach and visibility worldwide.

With a clear vision and a commitment to quality, Ralph Lauren Corporation continues to take bold steps in its industry. Recent achievements include expanding its product lines and enhancing its digital presence to meet the evolving needs of modern consumers. Financially, the company remains strong, consistently working on strategic initiatives to ensure sustained growth and profitability.

For those interested in the latest updates and relevant information about the company's performance, events, and developments, Ralph Lauren Corporation provides regular news updates and financial reports.

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Ralph Lauren (NYSE: RL) has issued a statement addressing recent media reports in Indonesia. The company clarifies that PT Manggala Putra Perkasa, operating under the name 'Polo Ralph Lauren Indonesia', is not affiliated with Ralph Lauren. The disputes reported in Indonesian media do not involve Ralph Lauren. The company currently does not directly operate any stores in Indonesia and has not authorized any partner to operate Ralph Lauren branded stores in the country.

Ralph Lauren sells its products in Indonesia only through certain third-party retailers. The company is aware of several third parties, including PT Manggala Putra Perkasa, who have registered trademarks similar to Ralph Lauren's in Indonesia. Ralph Lauren is committed to protecting its intellectual property rights and ensuring authentic products and experiences for consumers in the region.

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Ralph Lauren (NYSE: RL) has unveiled Team USA's uniforms for the 2024 Paris Olympic and Paralympic Games, marking the ninth collaboration as an Official Outfitter. The collection, inspired by Paris and American heritage, features tailored designs with sustainable materials. The Opening Ceremony outfit includes a single-breasted wool blazer, oxford shirt, tapered jeans, and suede shoes, while the Closing Ceremony ensemble features a moto-style jacket and white denim. The uniforms are made in the USA, reflecting a commitment to reducing virgin material use. The collection includes a 100% Recycled Cotton Polo Shirt using NFW CLARUS® technology. Available now, the apparel emphasizes unity and inspiration for Team USA and fans worldwide.

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Ralph Lauren (NYSE: RL) announces Justin Picicci as the new CFO, effective immediately. Jane Nielsen, the current CFO and COO, will stay as COO until the end of Fiscal 2025. This transition is part of a long-term strategic succession plan. Under Nielsen's leadership, Ralph Lauren saw substantial brand and financial growth, including a 70% rise in average unit retail, a 20% increase in adjusted operating income, and an 80% growth in adjusted EPS. Picicci, with over 18 years at Ralph Lauren, brings extensive experience from various senior finance roles and will focus on sustaining profitable growth and value creation.

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Ralph Lauren (NYSE:RL) reported better-than-expected Q4 and full-year fiscal 2024 results. Q4 revenue rose 2% to $1.6 billion, with global direct-to-consumer sales up 6%. Full-year revenue increased 3% to $6.6 billion, while gross margin expanded to 66.8%. Adjusted earnings per share (EPS) for Q4 jumped to $1.71 from $0.90 last year. The company expects low-single-digit revenue growth in fiscal 2025 with continued margin expansion. Ralph Lauren returned $600 million to shareholders through dividends and share repurchases in fiscal 2024 and announced a 10% dividend increase. Justin Picicci will assume the role of CFO effective May 23, 2024.

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Ralph Lauren Corporation (NYSE: RL) declares a regular quarterly dividend of $0.75 per share on its Common Stock. The dividend will be paid on April 12, 2024, to shareholders of record as of March 28, 2024.
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Ralph Lauren Corporation (NYSE:RL) reported a 6% increase in third-quarter revenue on a reported basis and 5% in constant currency. Direct-to-consumer sales grew 9%, and diluted EPS grew 31% to $4.19. The company returned $425 million to shareholders and reiterated its full-year fiscal 2024 outlook of low-single-digit revenue growth.
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Ralph Lauren Corporation (NYSE: RL) declares a regular quarterly dividend of $0.75 per share on its Common Stock, payable on January 12, 2024, to shareholders of record at the close of business on December 29, 2023.
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Ralph Lauren (NYSE:RL) partners with Diné (Navajo) textile artist Naiomi Glasses to launch Polo Ralph Lauren x Naiomi Glasses, the inaugural collection of the Company’s Artist in Residence program.
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Ralph Lauren Corporation (NYSE:RL) reported a 3% increase in second quarter revenue, exceeding expectations. Direct-to-consumer comparable store sales grew by 6%, with gross and operating margins surpassing outlook. The company also reaffirmed its full year fiscal 2024 outlook of low-single digit revenue growth and adjusted operating margin expansion.
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Ralph Lauren expands in Canada with new store and digital commerce site, plans for further expansion in the country.
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FAQ

What does Ralph Lauren Corporation do?

Ralph Lauren Corporation designs, markets, and distributes premium lifestyle products such as apparel, home goods, accessories, and fragrances.

When was Ralph Lauren Corporation founded?

Ralph Lauren Corporation was founded in 1967 by designer Ralph Lauren in New York City.

What are the main product categories of Ralph Lauren Corporation?

The main product categories include apparel, home goods, accessories, and fragrances.

Which brands are owned by Ralph Lauren Corporation?

The company owns several brands including Ralph Lauren Collection, Polo Ralph Lauren, and Lauren Ralph Lauren.

How does Ralph Lauren Corporation distribute its products?

Products are distributed through wholesale, retail (company-owned stores and e-commerce), and licensing agreements.

What are some recent achievements of Ralph Lauren Corporation?

Recent achievements include expanding product lines and enhancing digital presence to meet modern consumer needs.

What is the vision of Ralph Lauren Corporation?

The vision is to develop quality products and create a global brand exemplified by style, sophistication, and attention to detail.

How does Ralph Lauren Corporation ensure sustained growth?

The company works on strategic initiatives and financial planning to ensure sustained growth and profitability.

Where can I find the latest news and updates about Ralph Lauren Corporation?

Latest news and updates are regularly provided on the company's official website and financial news portals.

What are the distribution channels for Ralph Lauren products?

Distribution channels include wholesale partnerships, company-owned retail stores, and e-commerce platforms.

Ralph Lauren Corporation

NYSE:RL

RL Rankings

RL Stock Data

10.33B
39.04M
3.44%
105.18%
4.57%
Women's, Children's, and Infants' Clothing and Accessories Merchant Wholesalers
Wholesale Trade
Link
United States of America
NEW YORK