RALPH LAUREN CORPORATION - (RL)

Ralph Lauren Corporation - BidnessEtc

Ralph Lauren news recently came in when it was forced to give a discount of 65% to thousands of its American online shop customers after a voucher went viral which was meant for its employees. An employee of the company got hold of the voucher and shared it on the social media after which it went viral among the customers.

Reacting to the news, the company accepted majority of the orders and gave them discounts worth 65%. Some thought that it is a marketing stunt by the company but such claims were denied by the company.

Ralph Lauren company stores are known for their excellence in architecture design and preservation. It has a total of 631 stores located in various locations worldwide.  

The company announced its revenues of 2013 at $6.9 billion which have shown a positive trend for the last 3 years. The EPS have also shown growth for the past 3 years with EPS of 2013 announced at $8.

By looking at these statistics, a Ralph Lauren investor would be considerably satisfied with the earnings and the revenues estimates. Further, analysts expect the Ralph Lauren stock price to reach $180 in the upcoming 12 months. For investors looking to buy a stock with solid growth, Bidnessetc suggests Ralph Lauren stock a buy. It is cheaply valued and profits are expected to increase according to guidance provided by the company.