Ralph Lauren Exec Says Expect Pressure On More Value-Oriented Consumers To Persist In Near Term, Particularly In North America And Europe
Portfolio Pulse from Happy Mohamed
Ralph Lauren's executive stated that pressure on value-oriented consumers is expected to persist in the near term, particularly in North America and Europe.
May 25, 2023 | 1:16 pm
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Ralph Lauren's stock may face pressure due to the company's expectation of continued pressure on value-oriented consumers in North America and Europe.
The company's executive has stated that they expect pressure on value-oriented consumers to persist in the near term, particularly in North America and Europe. This could lead to lower sales and revenues for Ralph Lauren, which may negatively impact the stock price in the short term.
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