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Ralph Lauren (NYSE:RL – Get Rating) had its target price cut by equities research analysts at UBS Group from $157.00 to $154.00 in a research report issued on Wednesday, The Fly reports. The brokerage presently has a “buy” rating on the textile maker’s stock. UBS Group’s target price would indicate a potential upside of 34.76% […]

Ralph Lauren Corporation (RL) declares $0.75/share quarterly dividend, in line with previous.

NEW YORK--(BUSINESS WIRE)--Ralph Lauren Corporation (NYSE: RL) announced that its Board of Directors has declared a regular quarterly dividend of $0.75 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on April 14, 2023 to shareholders of record at the close of business on March 31, 2023. ABOUT RALPH LAUREN Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing, and distribution of luxury lifestyle products in five categories: apparel, footwear

TJ Maxx sells products at 20% to 60% cheaper than department stores and retailers. It does so by buying surplus inventory from retailers. Recent store closures and a slowdown in consumer spending have given it access to more inventory. Stores are closing and shoppers are cutting back on spending. TJ Maxx says its thriving because of this . In a call with investors last month – announcing its fourth-quarter and fiscal 2023 earnings – CEO Ernie Herrman said that the company is in an extremely strong position when it comes to sourcing inventory, describing the current inventory availability as "phenomenal." Recent store closures , and a slowdown in consumer spending because of inflation, have meant that many retailers are being left with a surplus of stock that they want to offload in a quick and discreet way, and TJ Maxx is often the perfect solution for this. The chain buys up excess inventory at a discounted rate and sells it to the consumer at bargain prices – typically 20% to 60% less than full-price retailers.

Logility, Inc., a leader in supply chain planning solutions, was cited among the best providers in the 2023 RIS Software LeaderBoard. The technology partner trusted by brands including Ralph Lauren, Wrangler, Herbalife Nutrition, Jockey, Alo Yoga, Abercrombie & Fitch, Ashley Furniture and The Home Depot, was selected for its excellent customer satisfaction, innovation and performance. The RIS

TJ Maxx sells products at 20% to 60% cheaper than department stores and retailers. It does so by buying surplus inventory from retailers. Recent store closures and a slowdown in consumer spending have given it access to more inventory. Stores are closing and shoppers are cutting back on spending. TJ Maxx says its thriving because of this . In a call with investors last month – announcing its fourth-quarter and fiscal 2023 earnings – CEO Ernie Herrman said that the company is in an extremely strong position when it comes to sourcing inventory, describing the current inventory availability as "phenomenal." Recent store closures , and a slowdown in consumer spending because of inflation, have meant that many retailers are being left with a surplus of stock that they want to offload in a quick and discreet way, and TJ Maxx is often the perfect solution for this. The chain buys up excess inventory at a discounted rate and sells it to the consumer at bargain prices – typically 20% to 60% less than full-price retailers.

Logility, Inc., a leader in supply chain planning solutions, was cited among the best providers in the 2023 RIS Software LeaderBoard. The technology partner trusted by brands including Ralph Lauren, Wrangler, Herbalife Nutrition, Jockey, Alo Yoga, Abercrombie & Fitch, Ashley Furniture and The Home Depot, was selected for its excellent customer satisfaction, innovation and performance. The RIS

Ralph Lauren Corporation - Consensus Indicates Potential 6.4% Upside

The premium model staffing agency will now have high-end gifts hand-delivered by fashion models to VIPs, celebrities, and influencers. LOS ANGELES, CA / ACCESSWIRE / February 18, 2023 / Runway Waiters, a Los Angeles-based premium event staffing agency, has recently announced an expansion of its services. The company will now provide high-end gift delivery services to its clients, including multi-national corporations and leading fashion houses. These high-end gifts will be hand-delivered by the most attractive models of the agency in support of brand launches for wider exposure. Runway Waiters uses the most creative methods for delivering such gifts. They can range from simple door-to-door drop-offs to more detailed at-home experiences. Some of the past deliveries involved bringing a mobile bar cart and having a Runway Waiters bartender create specialty cocktails surrounding a newly-launched drink. The models associated with Runway Waiters provide all the necessary information about the product they''re delivering by presenting themselves as a perfect reflection of the brand being promoted.

BofA Global Research analyst Christopher Nardone raises his earnings guidance for 2023 and 2024 on Ralph Lauren.

https://www.investing.com/news/pro/ralph-lauren-pt-raised-to-151-at-cowen-432SI-2999929

https://www.investing.com/news/pro/ralph-lauren-pt-raised-to-138-at-jpmorgan-432SI-2999840

Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of Ralph Lauren Corp (NYSE: RL ) with a price target of $140.00. The company reported 3Q23 EPS of $3.35 (vs. $2.94 last year), above the consensus of $2.92 . The upside was driven by better-than-expected topline growth and expense leverage, while gross margin was roughly in-line, said the analyst. On the topline, RL continues to expect high-single-digit constant currency revenue growth YoY on a 52-week comparable basis. Considering global macro challenges during the quarter (China COVID disruptions, … Full story available on Benzinga.com

Ralph Lauren Cor (NYSE: RL ) reported third-quarter FY23 sales growth of 1% year-on-year to $1.83 billion, beating the analyst consensus estimate of $1.76 billion. Revenue in North America increased by 1% to $938 million, Europe rose by 1% to $469 million, and Asia grew by 1% to $386 million. The gross profit remained flat at $1.2 billion with a gross margin of 65%. Adjusted gross margin was 65.2%, 80 basis points below the prior year … Full story available on Benzinga.com

Ralph Lauren Corporation (NYSE:NYSE:RL) Q3 2023 Earnings Conference Call February 9, 2023 9:00 AM ETCompany ParticipantsCorinna Van der Ghinst - Investor RelationsPatrice Louvet -…