Ralph Lauren's Muted Q1 Is Better Than Peers, The Stock Approaches Attractive Levels
Ralph Lauren(RL) Seeking Alpha·2024-08-08 16:14
coldsnowstorm/iStock Unreleased via Getty Images This article analyzes Ralph Lauren Corporation's (NYSE:RL) Q1 2025 results and earnings call. It also revisits the company's valuation, as it is slightly down since my last article from May. The RL results were modest in absolute terms, with revenues up 1% and 5% comparable, better in Asia and Europe and worse in the US. However, these results are much better when read against the background of disappointing sales from other luxury companies, like LVMH Moët H ...