Ralph Lauren Slingshots Higher as Sentiment Improves for Retailer
Key Points Premium consumer apparel maker Ralph Lauren saw a 6% YoY increase in direct-to-consumer (DTC) sales, which rose to two-thirds of total sales, up from 55% in the year-ago period. North American brick-and-mortar stores did the heavy lifting with 6% YoY sales growth as digital sales fell 2% in fiscal Q4 2024. Ralph Lauren…