Reports Q3 revenue $2.14B, consensus $2.01B. Global direct-to-consumer comparable store sales Grew 12%. “I have always been inspired by the spirit of the holidays – the sense of optimism, celebrating the warmth of family and togetherness, and an enduring sense of tradition,” said Ralph Lauren (RL), executive chairman and chief creative officer. “We are proud that a growing number of customers are turning to us for these key moments and in their everyday lives.”
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Read More on RL:
- Ralph Lauren price target raised to $268 from $258 at TD Cowen
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- Ralph Lauren price target raised to $285 from $260 at Guggenheim
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- Ralph Lauren downgraded to Market Perform at Raymond James (earlier)