Ralph Lauren Reaffirms Mid-Single Digit CAGR Revenue Growth for Fiscal 2025-2028

Ralph Lauren Corporation reiterated earnings guidance for Fiscal 2025 through Fiscal 2028, expecting a mid-single digit compound annual growth rate in constant currency revenue. The company's guidance reaffirms its growth strategy and financial targets.

Ralph Lauren Corporation (NYSE: RL) has reiterated its earnings guidance for Fiscal 2025 through Fiscal 2028, expecting a mid-single digit compound annual growth rate in constant currency revenue. This reaffirms the company's growth strategy and financial targets.

The textile maker reported a quarterly EPS of $3.77, surpassing analysts' estimates, and achieved a revenue of $1.72 billion for the quarter, a year-over-year increase of 13.7% Private Client Services LLC Makes New $974,000 Investment in Ralph Lauren Corporation $RL^[1]. The company declared a quarterly dividend of $0.9125 per share, with a dividend yield of 1.2%, and has initiated a share buyback plan worth $1.50 billion.

Private Client Services LLC purchased a new position in Ralph Lauren Corporation (NYSE: RL) during the 2nd quarter, according to the company's most recent filing with the SEC. The institutional investor purchased 3,550 shares of the textile maker's stock, valued at approximately $974,000 Private Client Services LLC Makes New $974,000 Investment in Ralph Lauren Corporation $RL^[1].

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Invesco Ltd. boosted its holdings in Ralph Lauren by 22.3% in the first quarter. AQR Capital Management LLC boosted its holdings by 55.7% in the first quarter. Jennison Associates LLC boosted its holdings by 16.5% in the first quarter. UBS AM and Truist Financial Corp also increased their holdings in the company Private Client Services LLC Makes New $974,000 Investment in Ralph Lauren Corporation $RL^[1].

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers a wide range of products, including apparel, footwear, accessories, home products, and fragrances.