Ralph Lauren Continues Executing, But Already Seems Pricey At 24x Forward Earnings

Ralph Lauren (NYSE: RL ) released one of its strongest quarters in recent memory, with revenues up 11% in constant currency, fueled by a particularly strong holiday season. Comparable sales were up 12% globally, with mid-teens figures in EMEA andLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power o ...