|Bid||85.43 x 800|
|Ask||85.90 x 1100|
|Day's Range||83.60 - 87.44|
|52 Week Range||83.60 - 135.99|
|Beta (5Y Monthly)||1.39|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 02, 2022 - Feb 07, 2022|
|Forward Dividend & Yield||3.00 (3.04%)|
|Ex-Dividend Date||Jun 30, 2022|
|1y Target Est||116.76|
Ralph Lauren aims to buy back more stock and boost its profit margins as it benefits from strong consumer demand after years of restructuring.
Ralph Lauren (RL) unveils its strategic growth plan, "Next Great Chapter: Accelerate," and outlines long-term growth targets.
Ralph Lauren started out as a tie business 55 years ago before it eventually became known for its iconic polo shirt. The brand now wants to keep the spirit of that expansion going, setting its sights on women’s apparel and less penetrated cities such as Atlanta and Houston. At an investor day on Monday, Ralph Lauren set out a target to grow revenue at a compound annual growth rate in the mid- to high-single-digit percentage range over the next three years, a clear upgrade from its 0.15% CAGR over the past four years.