Welcome to our dedicated page for Ralph Lauren news (Ticker: RL), a resource for investors and traders seeking the latest updates and insights on Ralph Lauren stock.
Ralph Lauren Corporation (NYSE: RL) represents American luxury at its most refined, blending heritage craftsmanship with modern innovation. This news hub provides investors and industry observers with direct access to the company's official communications and market-moving developments.
Key Resources: Track earnings releases, leadership changes, sustainability initiatives, and product launches through verified press materials. Our curated collection ensures timely access to filings with the SEC, partnership announcements, and strategic business updates that shape RL's market position.
Strategic Insights: Monitor developments across Ralph Lauren's core operations including premium apparel collections, global retail expansion, and digital commerce growth. Stay informed about initiatives impacting the luxury lifestyle sector through primary source documentation.
Bookmark this page for streamlined access to Ralph Lauren's corporate narrative. Check regularly for updates directly from company leadership, ensuring your analysis remains grounded in verified financial disclosures and operational updates.
Ralph Lauren Corporation (NYSE: RL) reported a 5% increase in revenue to $1.6 billion for Q2 Fiscal 2023, translating to a 13% rise in constant currency. Earnings per diluted share were $2.18 on a reported basis, down from $2.57 the previous year. The operating margin stood at 13.1%, with a slightly higher adjusted margin of 13.4%. The company maintained its full-year outlook, expecting high-single-digit revenue growth. The Q3 outlook predicts a low- to mid-single-digit increase in revenue, hindered by foreign currency impacts estimated at approximately 780 basis points.
Ralph Lauren (NYSE:RL) has partnered with Epic Games to launch a groundbreaking digital and physical apparel collection inspired by the popular game Fortnite. For the first time in its 55-year history, Ralph Lauren redesigned its iconic Polo Pony logo for this collaboration. The digital collection will debut in the Fortnite Item Shop on November 5, with the physical collection available starting November 2. This initiative highlights Ralph Lauren's commitment to digital innovation and engagement with a younger audience through gaming.
Ralph Lauren Corporation (NYSE:RL) is set to present its Next Great Chapter: Accelerate strategic growth plan in New York City, aiming for sustainable long-term growth. The company anticipates a mid- to high-single digit revenue CAGR and operating profit growth outpacing revenue by fiscal 2025. Ralph Lauren plans to return approximately
Ralph Lauren Corporation (NYSE: RL) has announced a quarterly dividend of $0.75 per share. This dividend will be payable on October 14, 2022 to shareholders of record as of September 30, 2022. The company continues to lead in premium lifestyle products across various categories, maintaining a strong brand identity developed over 50 years in the market.
Ralph Lauren Corporation (NYSE:RL) will hold an investor meeting on September 19, 2022, in New York City, featuring CEO Patrice Louvet and the Executive Leadership Team discussing the company’s strategic growth plan. Due to capacity limitations, in-person attendance is invite-only, but the meeting will be live-streamed on the Investor Relations website starting at 10:15 A.M. EST. The presentation materials will be available for one year post-event.
Ralph Lauren Corporation (NYSE:RL) reported a first quarter revenue increase of 8% to $1.5 billion, with a 13% rise in constant currency, exceeding expectations. Adjusted earnings per share were $1.88, down from $2.29 a year ago. The company achieved a 12.7% adjusted operating margin, surpassing its outlook, aided by disciplined operating expenses. Full year guidance remains at high-single-digit revenue growth and operating margins of 14.0% to 14.5%. The company continues to focus on strategic investments while returning $213 million to shareholders through stock repurchases.
Ralph Lauren Corporation (NYSE: RL) announces the nomination of Deb Cupp, President of Microsoft North America, for election to the Board of Directors at the 2022 Annual Meeting on August 4, 2022. Cupp is recognized for her expertise in business transformation and digital strategies, expected to enhance growth and customer engagement at Ralph Lauren. Additionally, Judith McHale will not seek reelection after serving since 2001. This change in leadership highlights Ralph Lauren's commitment to modernizing its Board.
Ralph Lauren Corporation (NYSE:RL) reported strong fourth quarter and full year results for Fiscal 2022, with revenues of $6.22 billion, marking a 41% increase year-over-year. Fourth quarter earnings per diluted share were $0.34 on a reported basis and $0.49 adjusted, compared to a loss in the same quarter last year. North America led growth with a 49% revenue increase, while Europe and Asia also saw double-digit growth. The company initiated a 9% dividend increase and expects high single-digit revenue growth for Fiscal 2023, despite potential challenges from currency fluctuations and COVID-19 disruptions.
The Ralph Lauren Corporate Foundation is pledging $25 million to establish and expand cancer centers, including the Ralph Lauren Center for Cancer Prevention in Washington, D.C. This initiative, recognized by the White House Cancer Moonshot, aims to reduce cancer care disparities in underserved communities across the U.S. The funding will also support the MSK Ralph Lauren Center in Harlem and other National Cancer Institute-designated centers. The foundation's efforts will enhance patient navigation, screenings, and early diagnosis to improve cancer outcomes.
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