Argus keeps a Hold rating on Ralph Lauren but notes that the firm is looking for a better entry point on the stock while raising its FY25 EIS view by 17c to $11.11. The company has recently seen stronger demand, helped by economic reopening in China, with productivity enhancements and lower freight expense following the supply-chain crisis having also helped to boost margins, though at the same time, Ralph Lauren has been hurt by unfavorable currency impacts and weakness in North America, the analyst tells investors in a research note.
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