Why are glasses so expensive? The eyewear industry would prefer keeping that blurry [Los Angeles Times (CA)]
Ralph Lauren Corporation (RL)
Last ralph lauren corporation earnings: 2/4 08:01 am
Check Earnings Report
US:NYSE Investor Relations:
investor.ralphlauren.com
Company Research
Source: Los Angeles Times
Why are glasses so expensive? The eyewear industry would prefer keeping that blurry It’s a question I get asked frequently, most recently by a colleague who was shocked to find that his new pair of prescription eyeglasses cost about $800. Why are these things so damn expensive? The answer: Because no one is doing anything to prevent a near-monopolistic, $100-billion industry from shamelessly abusing its market power. Prescription eyewear represents perhaps the single biggest mass-market consumer ripoff to be found. The stats tell the whole story. The Vision Council, an optical industry trade group, estimates that about three-quarters of U.S. adults use some sort of vision correction. About two-thirds of that number wear eyeglasses. That’s roughly 126 million people, which represents some pretty significant economies of scale. The average cost of a pair of frames is $231, according to VSP , the leading provider of employer eye care benefits. The average cost of a pair of single-vision
Show less
Read more
Impact Snapshot
Event Time:
RL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RL alerts
High impacting Ralph Lauren Corporation news events
Weekly update
A roundup of the hottest topics
RL
News
- Here's what we're shopping right now at Ralph Lauren [USA TODAY]USA TODAY
- Apparel, Accessories and Luxury Goods Stocks Q1 Recap: Benchmarking Oxford Industries (NYSE:OXM) [Yahoo! Finance]Yahoo! Finance
- Ralph Lauren Corporation's (NYSE:RL) Stock Is Going Strong: Is the Market Following Fundamentals? [Yahoo! Finance]Yahoo! Finance
- Ralph Lauren (RL) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Wall Street Analysts Think Ralph Lauren (RL) Is a Good Investment: Is It? [Yahoo! Finance]Yahoo! Finance
RL
Earnings
- 2/8/24 - Miss
RL
Sec Filings
- 3/6/24 - Form 4
- 3/4/24 - Form 144
- 2/14/24 - Form 4
- RL's page on the SEC website