Ralph Lauren Corp is an American fashion company renowned for its high-quality apparel, accessories, and home furnishings. The brand embodies a classic American style and is widely recognized for its iconic polo shirts and preppy aesthetic. Ralph Lauren designs and markets a diverse range of products, including men's, women's, and children's clothing, as well as luxury items such as fragrances, watches, and home decor. The company emphasizes a lifestyle approach, creating a cohesive brand image that resonates across various segments of the market while maintaining a commitment to craftsmanship and timeless elegance. Read More
Shares of clothing and footwear retailers are climbing Friday after President Donald Trump revealed that Vietnam is interested in negotiations to reduce tariffs.
Let's have a look at what is happening on the US markets before the opening bell on Friday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Shares of fashion brand Ralph Lauren (NYSE:RL)
fell 17.9% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a rate of 10%.
President Donald Trump's sweeping new trade tariffs sent shockwaves through global markets on Thursday, triggering a massive sell-off that echoed the COVID-19 pandemic-era routs, as investor risk appetite vanished in a flash.
Curious about the market action on Thursday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Friday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
Since March 2020, the S&P 500 has delivered a total return of 120%. But one standout stock has nearly doubled the market - over the past five years, Ralph Lauren has surged 211% to $231.35 per share. Its momentum hasn’t stopped as it’s also gained 17.1% in the last six months thanks to its solid quarterly results, beating the S&P by 16.6%.
Goldman Sachs analyst Brooke Roach upgrades Ralph Lauren (NYSE: RL) to Buy with a price target of $286, citing improving execution and growth opportunities.
Ralph Lauren Corporation (NYSE: RL) announced that its Board of Directors has declared a regular quarterly dividend of $0.825 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on April 11, 2025 to shareholders of record at the close of business on March 28, 2025.
