Actionable news
0
All posts from Actionable news
Actionable news in RL: RALPH LAUREN CORPORATION,

Ralph Lauren (RL) Stock Down Ahead of Q1 Results

NEW YORK (TheStreet) -- Shares of Ralph Lauren (RL) were lower in early-afternoon trading, ahead of the company's 2017 first-quarter results, due out before Wednesday's market open.

The company is expected to report earnings of 89 cents per share on revenues of $1.53 billion. Last year, Ralph Lauren posted earnings of $1.09 per share on revenues of $1.6 billion.

The New York-based luxury clothing retailer's growth seems promising due to a strong portfolio, a healthy balance sheet and new initiatives, Zacks reports.

The markets may be unpredictable, but Jim...


More