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 (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.
Ralph Lauren (NYSE:RL) reported better-than-expected Q4 and full-year fiscal 2024 results. Q4 revenue rose 2% to $1.6 billion, with global direct-to-consumer sales up 6%. Full-year revenue increased 3% to $6.6 billion, while gross margin expanded to 66.8%. Adjusted earnings per share (EPS) for Q4 jumped to $1.71 from $0.90 last year. The company expects low-single-digit revenue growth in fiscal 2025 with continued margin expansion. Ralph Lauren returned $600 million to shareholders through dividends and share repurchases in fiscal 2024 and announced a 10% dividend increase. Justin Picicci will assume the role of CFO effective May 23, 2024.
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