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Ralph Lauren's (RL) Strong Brands & Initiatives Aid Momentum
RLRalph Lauren(RL) ZACKS·2024-06-28 17:15

Ralph Lauren has been impressive in the stock market, demonstrating a 42.9% jump in the past year against the industry's decline of 4%. The Zacks Rank #3 (Hold) company also outperformed the broader sector and S&P 500's growth of 5% and 24.8%, respectively. Ralph Lauren's digital businesses, including its directly operated sites, departmentstore.com, pure players and social commerce, have been performing well. The company added more than five million new consumers to its DTC business in fiscal 2024. Its fol ...