Should You Really Buy Ralph Lauren After Inventory Jumped 47%?

·3 min read

Investors were happy to learn that Ralph Lauren (NYSE: RL) is still targeting solid sales and earnings growth this year. Wall Street had been worried about slowing demand, supply chain challenges, and declining profitability compared to impressive results in these areas last year. Ralph Lauren eased a few of these worries with its latest earnings update showing steady demand and a stable profit margin outlook.