|Bid||0.00 x 800|
|Ask||0.00 x 1300|
|Day's Range||124.66 - 128.00|
|52 Week Range||95.63 - 147.79|
|Beta (3Y Monthly)||0.98|
|PE Ratio (TTM)||23.61|
|Earnings Date||May 21, 2019 - May 28, 2019|
|Forward Dividend & Yield||2.50 (1.99%)|
|1y Target Est||137.76|
CNBC's Jim Cramer recaps recent earnings reports in the retail space to see who wins out among the apparel brands. Ralph Lauren, Capri Holdings and Columbia Sportswear seem to be working here, the "Mad Money" host says. Tapestry and Canada Goose, on the other hand, aren't looking too hot, he argues.
Zacks.com featured highlights include: Ralph Lauren, Ensign, SkyWest, Cree and Est??e Lauder
Under Armour's (UAA) sales and earnings surpassed estimates in fourth-quarter 2018. This marks the company's fifth and second consecutive quarters of top and bottom-line beat, respectively.
Ralph Lauren skipped the runway this week. On Thursday, while other designers staged traditional shows at New York Fashion Week, Mr. Lauren showcased his latest collection in an expanded version of the coffee shop in his women’s store on Madison Avenue. “We want to be stimulating,” Mr. Lauren said afterward.
Under Armour's (UAA) focus on brand development, DTC business and product innovation bode well. However, the company is grappling with a sales decline in North America and higher SG&A expenses.
Capri Holdings Ltd, formerly Michael Kors, on Wednesday raised its 2019 sales expectations and forecast strong growth in coming years, pinning its hopes on Versace, a brand it bought to forge a stronger luxury identity like its European peers Louis Vuitton and Gucci. Versace, which the company bought last year for about $2 billion, along with Jimmy Choo will help Capri tap Europe's wealthy, who for decades have preferred designs from local fashion houses over American brands. The company's long-term forecast give investors confidence that Capri's new portfolio of brands will improve its future profit multiples, Nomura Instinet analyst Simeon Siegel said.
Ralph Lauren Corp. raised its full-year sales outlook and posted stronger revenue in its latest period, helped by growth in Asia and Europe. Net revenue for the fashion house rose 5.1% to $1.73 billion. Sales in North America grew by 2.5% to $908.7 million, while sales in both Asia and Europe each rose nearly 10%.
Ralph Lauren has a new influerncer list that will allow the luxury fashion label to make a killing on a younger generation of customers, he says. People will be willing to "pay up" for Apple's products as long as they continue making strides in the health-care space, argues the "Mad Money" host. Investors can make long-term moves during this uncertain year for markets by buying shares of companies that are poised to make a lot of money with their "prestige power," CNBC's Jim Cramer said on Tuesday.
Jim Cramer says investors can weather the storm of uncertainty this year with "prestige" stocks like Ralph Lauren, Estee Lauder, and Apple.
U.S. stocks rose on Tuesday as largely upbeat corporate results fueled investor optimism ahead of the highly awaited State of the Union address by President Donald Trump. Shares of Estée Lauder Cos Inc rose 11.6 percent after the cosmetics maker's quarterly results, driven by strong growth in China, topped estimates. Estée Lauder shares had the largest percentage gain among S&P 500 companies.
World stocks rose to a fresh two-month high on Tuesday to keep up their fast start to 2019 while the U.S. dollar strengthened for a fourth straight session as investors looked toward an annual address by the U.S. president later in the evening. Boosted by U.S. and European equity performance, MSCI's gauge of stocks across the globe gained 0.64 percent, increasing for a sixth straight session as it hit a two-month high. President Donald Trump was due to give his State of the Union speech at 2100 ET (0200 GMT), with investors awaiting indications of progress in U.S.-China trade talks and watching for signs of tensions with Democrats following a 35-day partial federal government shutdown.
Ralph Lauren's (RL) third-quarter fiscal 2019 results gain from the execution of its key initiatives during the holiday season. Further, the company raises the outlook for fiscal 2019.