The Latest Breaking News from RL

Ralph Lauren Corp (NYSE:RL) reported fourth-quarter FY22 sales growth of 18% year-on-year to $1.52 billion, beating the consensus of $1.46 billion. Revenues from North America increased 19% Y/Y to $674 million, Europe rose 26% to $467 million, and Asia grew 20% to $346 million. Comparable store sales increased 26%. Gross profit improved to…

The mRNA vaccines developed against COVID-19 owe a lot to the work of Robert Langer, a pioneer in the delivery of mRNA. Langer, who is the Massachusetts Institute of Technology David H. Koch Institute Professor and director of the Langer Lab, helped lay the foundation for the underlying delivery mechanism…

The United States economy is growing strongly, outperforming other developed economies. Furthermore, analysts believe the country is well-positioned to weather economic challenges created by the Russia-Ukraine war. So, we think that growth stocks Vertex Pharmaceuticals (VRTX), Fair Isaac (FICO), Ralph Lauren (RL), and Exelixis (EXEL), which have outpaced the broader…

United Parcel Service (UPS), MetLife (MET), Capri Holdings (CPRI), and Ralph Lauren (RL) delivered impressive results in their last reported quarter. And even though these stocks have advanced since their companies’ earnings releases, we think they still look undervalued at their current price levels considering their companies’ immense growth prospects.…

The apparel industry is benefiting from the increasing disposable income of the middle-class and millennials’ shifting preference toward branded apparel and accessories. Moreover, the apparel manufacturers’ increasing focus on providing personalized solutions and consumers’ growing inclination toward online shopping should drive the industry’s growth. Thus, fashion stocks Capri Holdings (CPRI),…