- Citigroup weighs in on Ralph Lauren (RL -2.6%) after the luxury seller disappointed with its sales and profit guidance.
- The investment firm keeps a Buy rating on shares, but takes the stock off of its U.S. Focus List. The take from Citi is that Ralph Lauren needs to show a payoff from its strategic growth investments before it will move all-in.
- The disparity between Ralph Lauren's outlook and the momentum picking up at Gap (GPS +3.6%) is striking. Retail analysts note a lot of the so-called pent-up retail demand in early spring has veered toward online shopping and on-trend promotions - two areas Gap appears to be a step ahead of peers.
Ralph Lauren Corporation (RL): New Analyst Report from Zacks Equity Research - Zacks Equity Research Report
at Zacks.com (Nov 18, 2014)