Ralph Lauren Misses Fiscal Q2 Revenue Estimates, Warns Virus Resurgence Could Hurt Its Recovery The company reported a 30% drop in revenue to $1.19 billion. 2 MIN READ 10.29.2020
Ralph Lauren To Reduce Global Workforce, Focus on Online Channel The company said it would cut its global workforce 15% by the end of its fiscal year, March 2021. 2 MIN READ 09.22.2020
Uneven Demand at Retail Stores Means More Pain for Garment Suppliers The destructive weight of the COVID-19 pandemic is expected to contract the $2.5 trillion global fashion industry by up to 30% in 2020. 3 MIN READ 07.6.2020
Ralph Lauren Misses Estimates for Fourth Quarter, Warns Fiscal 2021 Results To Be Hit Also The company reported a net loss of $249 million, or $3.38 per share compared with a profit of $31.6 million, or 39 cents per share, a year earlier. 2 MIN READ 05.27.2020
Higher Winterwear Prices Boost Ralph Lauren Holiday Margins; Shares Up 6% Net revenue rose to $1.75 billion in the holiday quarter. EPS of $2.86 beat estimates of $2.45. 1 MIN READ 02.4.2020
Wall Street Blues: Investors Weather Earnings Misses & Taper Anxiety Stocks pulled back for the third consecutive day on Wednesday as the relative absence of economic data gave investors more time to worry about the timing of the Federal Reserve’s changes to 2 MIN READ 08.7.2013