Forecast Of The Day: Ralph Lauren’s North America Revenue
What?
Ralph Lauren (NYSE:RL) North America Revenue declined from $3.14 billion in FY’20 to about $2 billion in FY’21. Trefis expects sales to recover to $2.9 billion in FY’22 and to $3 billion by FY’23. Fiscal years end in March.
Why?
- Up 11% This Year, Where is Ralph Lauren Stock Headed Post Q1 Results?
- Gaining 16% This Year, Will Ralph Lauren Stock Rally Further After Q4 Results?
- What To Expect From Ralph Lauren’s Fiscal Q2 After Stock Up 9% This Year?
- What’s Next For Ralph Lauren Stock?
- Will Ralph Lauren Stock Trade Lower Post Fiscal Q3?
- Ralph Lauren Q2 Preview: What Are We Watching?
Sales took a hit in FY’21, due to the impact of Covid-19 and the associated lockdowns. However, with improving macroeconomic conditions and steadily rising consumer confidence, we expect the sales of full-priced merchandise to increase in the U.S, driving revenue higher.
So What?
We don’t think the recovery is fully priced into RL stock. We value RL at about $136 per share,12% ahead of the current market price.
See Our Complete Analysis For Ralph Lauren
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| Returns | Mar 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| RL Return | -10% | 0% | 31% |
| S&P 500 Return | 2% | -6% | 99% |
| Trefis MS Portfolio Return | 1% | -9% | 258% |
[1] Month-to-date and year-to-date as of 3/22/2022
[2] Cumulative total returns since the end of 2016
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