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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.

Rhea-AI Summary
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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Ralph Lauren Corporation declares a regular quarterly dividend of $0.75 per share on Ralph Lauren Corporation Common Stock.
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Ralph Lauren Corporation (NYSE:RL) reported a slight increase in first quarter revenue on a reported basis and 1% in constant currency, ahead of expectations. The growth was led by Asia and Europe, with direct-to-consumer comparable store sales growing in the low-single digits. The company also delivered gross margin expansion, resulting in operating margin and double-digit EPS growth above expectations. Ralph Lauren Corporation maintained a healthy balance sheet and reiterated its full year fiscal 2024 outlook of low-single digit net revenue growth with adjusted gross and operating margin expansion in constant currency.
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FAQ

What is the current stock price of Ralph Lauren Corporation (RL)?

The current stock price of Ralph Lauren Corporation (RL) is $202.15 as of November 20, 2024.

What is the market cap of Ralph Lauren Corporation (RL)?

The market cap of Ralph Lauren Corporation (RL) is approximately 12.6B.

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

12.64B
38.80M
3.52%
108.46%
4.91%
Apparel Manufacturing
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
Link
United States of America
NEW YORK