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Stock impact report

Apparel, Accessories and Luxury Goods Stocks Q1 Recap: Benchmarking Oxford Industries (NYSE:OXM) [Yahoo! Finance]

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: Yahoo! Finance
apparel, accessories and luxury goods stocks fared in Q1, starting with Oxford Industries (NYSE:OXM). Within apparel and accessories, not only do styles change more frequently today than decades past as fads travel through social media and the internet but consumers are also shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel, accessories, and luxury goods companies have made concerted efforts to adapt while those who are slower to move may fall behind. The 18 apparel, accessories and luxury goods stocks we track reported a weaker Q1; on average, revenues missed analyst consensus estimates by 1.1%. while next quarter's revenue guidance was 4.2% below consensus. Valuation multiples for many growth stocks have not yet reverted to their early 2021 highs, though the market was optimistic at the end of 2023 due to cooling inflation. The start of 2024 has been a different story as mixed signals have led to market volatility, and apparel, Show less Read more
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