5 Best Consumer Stocks To Invest In 2015: Polo Ralph Lauren Corporation(RL)
Ralph Lauren Corporation, together with its subsidiaries, engages in the design, marketing, and distribution of lifestyle products. The company offers men?s, women?s, and children?s clothing; and accessories comprising footwear, eyewear, watches, jewelry, hats, and belts, as well as leather goods, including handbags and luggage. It also provides products for homes, including bedding and bath products, furniture, fabric and wallpaper, paint, tabletop, and giftware; and fragrance products for women men. In addition, the company licenses its products, such as men?s sportswear, men?s tailored clothing, men?s underwear and sleepwear, eyewear, fragrances, cosmetics, and color and skin care products. It offers its products under the Polo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren Women?s Collection, Black Label, Blue Label, Lauren by Ralph Lauren, RRL, RLX, Rugby, Ralph Lauren Childrenswear, American Living, Chaps, and Club Monaco brand names. Ralph Lauren sells its products to department stores, specialty stores, and golf and pro shops; full-price retail stores, factory retail stores, and concessions-based shop-within-shops; and online through RalphLauren.com and Rugby.com. As of April 3, 2010, it operated 179 full-price retail stores and 171 factory stores worldwide, as well as 281 concessions-based shop-within-shops and 2 e-commerce Websites. The company was formerly known as Polo Ralph Lauren Corporation and changed its name to Ralph Lauren Corporation in August 2011. Ralph Lauren Corporation was founded in 1967 and is based in New York, New York.
Advisors' Opinion:- [By Dan Caplinger]
Ralph Lauren's success as a fashion icon started from modest roots, with a simple line of men's ties that eventually led to a larger boutique, and the beginning of the now world-famous Polo symbol. Dur! ing nearly half a century, Ralph Lauren Corp. (NYSE: RL ) has grown dramatically, and the company sees the potential for even further growth in the future. Yet with competition becoming fiercer in the luxury end of the apparel and accessories industry, investors wonder whether Ralph Lauren's plans for global expansion are too ambitious for the current market environment.
- [By Mike Deane]
Before the opening bell on Wednesday, Ralph Lauren Corp (RL) reported its fiscal 2015 first quarter results, posting lower profits than last year’s Q1.
RL’s Earnings in Brief
Ralph Lauren reported first quarter net income of $162 million, or $1.80 per share, down from last year’s Q1 figures of $181 million, or $1.94 per share. The company’s revenues were up slightly from last year’s Q1, coming in at $1.71 billion, compared to $1.65 billion. Ralph Lauren beat analysts’ EPS estimates of $1.78, but revenues came in slightly below the $1.73 billion expectation.CEO Commentary
The company’s chairman and CEO, Ralph Lauren, had the following comments: "Our first quarter results demonstrate that we are making the right strategic decisions and investments to support our long-term growth objectives. Later this month, we'll mark an important milestone for the Polo brand with the introduction of Polo for women. That launch will be supported by the opening of our first Polo flagship store in New York City. This Fall, we'll open a 20,000-square-foot Ralph Lauren luxury flagship store in Greater China, a critical brand expression in an important market for us. As exciting as these first steps are now, the long-term potential is even more compelling."
RL’s Dividend
Ralph Lauren paid its most recent dividend on July 11. We expect the company to declare its next quarterly dividend of 45 cents in September.
Stock Performance
Ralph Lauren stock was up 93 cents, or 0.59%, in pre-market ! trading. ! YTD, the stock is down 10.72%.
RL Dividend SnapshotAs of Market Close on August 5, 2014
Click here to see the complete history of RL dividends.
- [By ovenerio]
In this article, let's take a look at Ralph Lauren Corporation (RL), a $13.87 billion market cap company, which designs, markets and distributes men's and women's apparel, accessories, fine watches and jewelry as well as other premium lifestyle products.
source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-consumer-stocks-to-invest-in-2015.html
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