Ralph Lauren positive on earnings beat
Ralph Lauren positive on earnings beat
- on Seeking Alpha
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It's the end of earnings season and that means the retailers are reporting. Which should you be watching?
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Ralph Lauren (RL) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
It has been a busy week for retailers, with industry giants from Macy's (M) to Nordstrom (JWN) all reporting their first quarter earnings results. But Q1 hasn't treated all of these companies the same, so let's take a look at a few more big-name retailers that investors might want to consider buying ahead of earnings next week.
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Under Armour's (UAA) sustained focus on brand development and expansion of direct-to-consumer and technology-based fitness businesses bode well.
Ralph Lauren (RL) gains from favorable geographic and channel-mix shifts, lower promotions and reduced product costs. These, along with currency tailwinds, should aid fourth-quarter earnings.
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lululemon athletica (LULU) looks promising driven by its solid strategies, including strategy for 2020, solid focus on ivivva's remodeling and e-commerce business.
Ralph Lauren (RL) is scheduled to report its 4Q18 results on May 23. Wall Street projects a 6.7% YoY decline in Ralph Lauren's EPS.
Ralph Lauren (RL) is expected to post lower sales in 4Q18. Management has projected an 8%–10% drop in the top line.
Ralph Lauren’s gross margin improved by 250 basis points in 3Q18 after growing by 300 basis points and 210 basis points in 2Q18 and 1Q18.
Ralph Lauren (RL) stock has surged more than 30% in the past year due to the company's positive earnings surprise.
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Ralph Lauren Corp. engages in the design, marketing and distribution of premium lifestyle products. The firm offers apparel, accessories, home furnishings, and other licensed product. It operates through the following segments: Wholesale, Retail, and Licensing. The Wholesale segment sells products to upscale and certain mid-tier department stores, specialty stores, and golf and pro shops. The Retail segment consists of retail stores, concession-based shop-within-shops, and e-commerce operations. The Licensing segment seeks out product licensing and international licensing. The company was founded by Ralph Lauren in 1967 and is headquartered in New York, NY. (See Full Profile)
Name | Chg % | Market Cap |
---|---|---|
Guess? Inc. | $1.91B | |
Kohl's Corp. | $10.2B | |
VF Corp. | $29.16B | |
Hanesbrands Inc. | $6.57B | |
PVH Corp. | $11.91B |