Ralph Lauren may be expecting a worse round of earnings, but investors seem to have faith in the brand’s longer-term performance. WSJheard explains. WSJWhatsNow
Focus on e-commerce and direct-to-consumer sales blunted coronavirus impacts in China, cushioning share prices as Ralph Lauren braces for a worse quarter
As states across the country start to loosen restrictions on non-essential businesses, shopping malls in some states were open this weekend and provided a look at the desire for in-store shopping during the pandemic. Photo: Elizabeth Findell Ralph Lauren’s fashions may be timeless, but its business has kept up with the times.
The apparel and home-products company posted a loss for the quarter ended March 28 and expects this quarter to be worse, yet its shares had a mild drop Wednesday—an indication that investors have faith in the brand’s longer-term performance as retail comes back to life around the world. The company reported an operating loss of $283.8 million, with the most marked decline coming from North America, its largest market.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ralph Lauren posts bigger-than-expected loss as lockdowns hammer salesRalph Lauren Corp posted a bigger-than-expected quarterly loss on Wednesday as stores across the world that sell its jackets, coats and Polo shirts were forced to close due to the COVID-19 pandemic.
Weiterlesen »
Ralph Lauren posts bigger-than-expected loss as lockdowns hammer salesRalph Lauren Corp posted a bigger-than-expected quarterly loss on Wednesday as stores across the world that sell its jackets, coats and Polo shirts were forced to close due to the COVID-19 pandemic.
Weiterlesen »
Lauren Lyle Is the Secret Weapon (Literally) of 'Outlander''It seemed like with every episode the writers were going, 'Let's give her more—something even weirder and wilder.'' LlaurenLyle breaks down Marsali's Outlander_STARZ season 5 journey. Outlander
Weiterlesen »
Best stocks to buy for crisis recovery, advice from 6 value investors - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Thomas Rhett Calls Wife Lauren Akins His 'Hero' After Newborn Lennon Spit Up All Over HerThe couple welcomed their third daughter, Lennon Love, in February
Weiterlesen »