Edition:
United States

Ralph Lauren Corp (RL.N)

RL.N on New York Stock Exchange

82.97USD
4:02pm EDT
Change (% chg)

$1.32 (+1.62%)
Prev Close
$81.65
Open
$80.88
Day's High
$83.24
Day's Low
$80.88
Volume
250,728
Avg. Vol
314,892
52-wk High
$113.86
52-wk Low
$75.74

Latest Key Developments (Source: Significant Developments)

Ralph Lauren sets regular quarterly dividend of $0.50 per share
Friday, 10 Mar 2017 04:05pm EST 

Ralph Lauren Corp :Sets regular quarterly dividend of $0.50 per share.  Full Article

Ralph Lauren comments on impact of 2016 U.S. Presidential Election
Thursday, 9 Feb 2017 06:55am EST 

Ralph Lauren Corp : as a result of Larsson agreement, expects to incur total estimated charges of about $20 million over course of Q4 and Q1 - sec filing . result of 2016 U.S. Presidential election has introduced greater uncertainty with respect to tax, trade policies, tariffs . As majority of products are produced outside U.S., major changes in tax policies, trade relations could have material adverse effect on business Source (http://bit.ly/2kvo3bN) Further company coverage: [RL.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Ralph Lauren CFO says expects 2017 capital expenditures of about $325 mln - conf call
Thursday, 2 Feb 2017 10:33am EST 

: Ralph Lauren CEO Stefan Larsson - "Board, Ralph, and I have over the last month worked very hard to find common ground" - conf call . Ralph Lauren CFO - on track to close about 50 stores this year - conf call . Ralph Lauren CFO - week after Christmas included in Q3, Easter to shift into Q1; effects of calendar shifts to pressure Q4 comps about 3 percent points - conf call . Ralph Lauren CFO - now expect capital expenditures for fiscal 2017 to be about $325 million, down $50 million from previous guidance - conf call Further company coverage: [RL.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Ralph Lauren reports Q3 adjusted earnings of $1.86 per share
Thursday, 2 Feb 2017 08:01am EST 

Ralph Lauren Corp : Ralph Lauren reports third-quarter fiscal 2017 results . Q3 adjusted earnings per share $1.86 . Q3 earnings per share $0.98 . Q3 earnings per share view $1.64 -- Thomson Reuters I/B/E/S . Q3 revenue $1.7 billion versus I/B/E/S view $1.71 billion . Ralph Lauren says for fiscal 2017, company is maintaining its guidance . Ralph Lauren says continues to expect operating margin for fiscal 2017 to be approximately 10% . Ralph Lauren expects to incur restructuring charges of about $400 million as a result of fiscal 2017 restructuring activities . Ralph Lauren - for fiscal 2017, company is maintaining its guidance . Ralph Lauren says operating margin for q4 of fiscal 2017 is expected to be 6.0%-6.5% . Ralph Lauren says foreign currency is estimated to pressure operating margin by about 100 basis points for q4 . Ralph Lauren - expects to incur a $150 million inventory charge associated with company's way forward plan . Ralph Lauren - qtrly consolidated comparable store sales decreased 5% on a reported basis and were down 4% on a constant currency basis . Ralph Lauren - restructuring charges, inventory charge expected to be substantially realized by end of fiscal 2017 .Fy2017 earnings per share view $5.46, revenue view $6.64 billion -- Thomson Reuters I/B/E/S.  Full Article

Ralph Lauren Corp announces CEO departure
Thursday, 2 Feb 2017 08:01am EST 

Ralph Lauren Corp - : Ralph Lauren Corporation announces CEO departure . Company and stefan larsson mutually agree to part ways . Company will conduct ceo search; execution of way forward plan will continue . Stefan Larsson, president and chief executive officer, will depart from company on May 1 . Chief financial officer jane nielsen will lead execution of plan until a new CEO joins company. . Company will continue to execute way forward plan announced in june 2016 . Ralph Lauren Corp chairman Ralph Lauren says had "different views" with larsson "on how to evolve creative and consumer-facing parts of business" . Previously announced a plan "to refocus company" is on track .Ralph Lauren's chairman Ralph Lauren says "after many conversations with one another, and our board", "agreed to part ways" with Larsson.  Full Article

Ralph Lauren sets regular quarterly dividend of $0.50/shr
Tuesday, 13 Dec 2016 04:05pm EST 

Ralph Lauren Corp :Sets regular quarterly dividend of $0.50 per share.  Full Article

Ralph Lauren says Q1 consolidated comparable store sales fell 6 pct on reported basis
Wednesday, 10 Aug 2016 06:00am EDT 

Ralph Lauren Corp : Ralph Lauren reports first quarter fiscal 2017 results . Q1 loss per share $0.27 . Q1 revenue $1.6 billion versus I/B/E/S view $1.53 billion . Q1 adjusted earnings per share $1.06 excluding items . Q1 earnings per share view $0.89 -- Thomson Reuters I/B/E/S . Expects its fiscal 2017 restructuring activities to result in approximately $180-$220 million of annualized expense savings . Consolidated comparable store sales decreased 6% on reported basis and 7% in constant currency during Q1 . Q1 wholesale net sales $607 million versus $642 million last year . In Q1 of fiscal 2017, company recorded $104 million in restructuring and related impairment charges . Restructuring charges are expected to be substantially realized by end of fiscal 2017 . Based on current exchange rates, foreign currency will have minimal impact on revenue growth in Q2 . Company maintains its full fiscal year outlook . Expects to incur restructuring charges of up to $400 million as a result of fiscal 2017 restructuring activities . Expects to incur up to a $150 million inventory charge associated with company's way forward plan . $180-$220 million of savings is in addition to $125 million of cost savings associated with company's fiscal 2016 restructuring activities . In Q2 of fiscal 2017, company expects consolidated net revenues to be down mid-to-high single digits on a reported basis . In Q1 of fiscal 2017, company recorded $50 million in inventory charges.  Full Article

Ralph Lauren sets regular qtrly dividend of $0.50 per share
Tuesday, 21 Jun 2016 04:05pm EDT 

Ralph Lauren Corp :Sets regular quarterly dividend of $0.50 per share.  Full Article

S&P says Ralph Lauren outlook revised to negative on pending restructuring burdens
Thursday, 16 Jun 2016 05:25pm EDT 

S&P Global Ratings : Ralph Lauren Corp outlook revised to negative on pending restructuring burdens; 'a' rating affirmed .Revising outlook to negative because of expectation of spike in financial leverage over coming year resulting from weakened profitability.  Full Article

Ralph Lauren names Jane Nielsen chief financial officer
Thursday, 9 Jun 2016 05:15pm EDT 

Ralph Lauren Corp : Names Jane Nielsen chief financial officer . Jeffrey Kuster has been named group president for Americas. . Ralph Lauren Corp says Robert Madore will remain with Ralph Lauren through September 30, 2016 to facilitate a seamless CFO transition . In addition to all finance functions, Nielsen will oversee store operations, procurement, IT, and investor relations . Jane Nielsen's appointment is effective September 6, 2016 .Nielsen was most recently at Coach Inc, where she was executive vice president and chief financial officer.  Full Article

More From Around the Web

BRIEF-Ralph Lauren sets regular quarterly dividend of $0.50 per share

* Sets regular quarterly dividend of $0.50 per share Source text for Eikon: Further company coverage: