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Ralph Lauren Corporation
Sure, here's some information about Ralph Lauren Corporation (RL)
Ralph Lauren Corporation is a global multichannel retail company that operates in the luxury lifestyle sector.
* Founded in 1967 and is headquartered in New York, NY, United States.
* The company focuses on designing, marketing, and distributing lifestyle products, including women's, men's, and children's apparel, accessories, home products, and other licensed product categories.
* They operate primarily in North America, Europe, and Asia, and their brands include Ralph Lauren, Ralph Lauren Purple Label, Polo, and Club Monaco.
* Their fiscal year ends in March.
Earnings:
* As of their last quarterly report (Q2 2023), the company reported $1.39 Billion in revenue, a 2.86% growth year over year.
* Their net income for the same period was $130 Million, a 48.4% growth year over year.
* The revenue and net income growth for the quarter beat analyst estimates, with revenue at 13.94B and net income at $1.02B.
Growth:
* The company's growth rate has slowed in the past year, with a 3.7% growth rate compared to the previous year, lower than the 7% growth rate in the past five years.
* Analysts estimate revenue growth for the current quarter to be 6.5% and 8.4% for the next quarter.
* The company has a strong history of returning value to shareholders through share repurchases and dividends. Their quarterly dividend has grown by 32.1% over the past 5 years.
Consumer Goods:
* Ralph Lauren specializes in designing, marketing, and distributing lifestyle products, including women's, men's, and children's apparel, accessories, home products, and other licensed product categories. They cater to the luxury consumer segment.
* Their products are known for their classic design, high-quality materials, and attention to detail. They operate primarily in North America, Europe, and Asia.
In summary, Ralph Lauren Corporation (RL) is a luxury lifestyle retail company that focuses on designing, marketing, and distributing high-end apparel, accessories, and home products. They have a strong brand presence and a history of returning value to shareholders. Their revenue and net income growth have been positive, and analysts estimate continued growth in the coming quarters.
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