Ralph Lauren Corporation, the fashion company is undervalued according to Wolfteam Ltd.'s estimates.
Ralph Lauren's intrinsic worth is 18.5 billion USD compared with Ralph Lauren's current market capitalization of 8.84 billion EUR.
Here is an excerpt from Ralph Lauren's Second Fiscal Quarter 2024 results:
Ralph Lauren Reports Second Quarter Fiscal 2024 Results Ahead of Expectations
Ralph Lauren Reports Second Quarter Fiscal 2024 Results Ahead of Expectations
- Second Quarter Revenue Increased 3% on a Reported Basis and 2% in Constant Currency, Ahead of Expectations, Led by Continued Momentum in Asia
- Global Direct-to-Consumer Comparable Store Sales Accelerated to 6% Growth in the Quarter, Driven by Positive Retail Comps Across All Regions and Channels and 10% AUR Growth
- Delivered Gross and Operating Margins Above Our Outlook, with Continued Brand Elevation and Expense Discipline More than Offsetting Ongoing Product Cost Headwinds and Higher Planned Marketing and Digital Investments in the Period
- Drove Healthy Inventory Positioning Entering Holiday, with Global Inventories Down 5% to Prior Year
- Returned Approximately $275 Million to Shareholders Through Our Dividend and Repurchase of Class A Common Stock This Fiscal Year-to-Date
- Reiterated Full Year Fiscal 2024 Outlook of Low-Single Digit Revenue Growth, Centering on 1% to 2%, and Adjusted Operating Margin Expansion on Higher Expected Gross Margins, All in Constant Currency
No comments:
Post a Comment