Ralph Lauren's (RL) Strong 2Q Despite Robust International, North America Growth

Published: Aug. 10, 2022, 11:31 p.m.

b"Tom Nikic and David Swartz recap Ralph Lauren earnings, following the retailer posting a beat on top and bottom line. Morningstar's Swartz maintains a 4-star, $122 fair value rating, as the company overcome virus-related closures in China and inflation impacting its consumers. He notes its guidance was primarily lower due to a strong U.S. Dollar. Wedbush's Nikic maintained a neutral rating, advising for some caution despite robust North America growth."