Ralph Lauren Corp Class A
RL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$261.00 | Qhmmbpr | Xrjhtctr |
Ralph Lauren Closes Fiscal 2022 on a High Note Despite External Challenges; Shares Very Attractive
Ralph Lauren overcame inflation, a stronger dollar, low international tourism, China lockdowns, and logistical pressures to post solid results for its (March-ended) fiscal-year 2022 fourth quarter. We expect to lift our $120 fair value estimate by a low-single-digit percentage.