ralphlauren
Key Points Shares of Ralph Lauren are trading higher by high single-digits amid the company’s reports for its first quarter 2023 results. Investors celebrate an earnings beat and sustained bullish outlooks.Macro dynamics have placed the apparel industry in a position to command better pricing dynamics, aiding Ralph Lauren’s margins and free cash flows.Analysts point to a double-digit upside; management hints at undervaluation by implementing significant buybacks and dividend payouts. Today’s dividend yield and management 2023 expectations are a foundation for the next rally.5 stocks we like be...
ValueWalk
Ralph Lauren (NYSE:RL) and brands like Levi Strauss (NYSE:LEVI) and Calvin Klein parent PVH Corp (NYSE:PVH) are winning in the retail wars for two reasons. The first is a well-loved brand, the second is a push into direct-to-consumer sales and eCommerce. The combination has the company set up to outperform most others in the industry and there are other reasons to like this stock as well. The stock is yielding nearly 2.8% compared to just over 2.0% for Levi Strauss and less than 0.25% for PVH. Trading at 12.5X its earnings it is also a value relative to the broader market and one that pays an ...
ValueWalk
After sliding close to 40% in value since February, shares of fashion kingpin Ralph Lauren (NYSE:RL) were in need of some good news, and this week they got it. The company reported its fiscal Q4 numbers at the start of Tuesday’s session, and right off the bat, they looked good. EPS for the quarter came in at $0.49, 20% higher than what analysts had been expecting, while revenue also beat and showed year-on-year growth of 18%. In terms of forward guidance, the company said that for Q1 they expect revenue growth will be in a range centered around 8% in constant currency compared to last year. Op...
ValueWalk
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