Ralph Lauren Shares Jump as Strong China Sales Fuel Record Results
Ralph Lauren shares surged after beating Q4 estimates, driven by strong China sales during Lunar New Year. Revenue rose 17% in the quarter and the company raised its dividend by 10%.
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Ralph Lauren Stock Drops Despite Strong Q3 Earnings Beat
Ralph Lauren shares fall 9% as growth slows and tariff concerns mount, despite beating Q3 expectations with $2.4B revenue and raised full-year outlook.
Elliott Invests $1B in Lululemon, Eyes New CEO
Activist investor Elliott Management acquires over $1 billion stake in Lululemon and proposes retail veteran Jane Nielsen as potential CEO to help turn around the struggling athletic wear brand.
Ralph Lauren’s Three-Year Sales Guidance Disappoints Investors
Ralph Lauren expects modest sales growth (mid-single-digit) for the next three years, disappointing investors despite recent success from preppy trends and higher product prices. Shares fell 4%. The company plans to return $2 billion to shareholders by fiscal 2028.