Jim Cramer Calls Ralph Lauren Stock Top Apparel Pick Before Thursday Earnings
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Jim Cramer named Ralph Lauren (RL) stock his favorite apparel pick ahead of its earnings report on Thursday, citing a 380% rally since late 2022 that has outpaced the S&P 500’s roughly 110% gain. Ralph Lauren holders face the print with that gain intact, while Tapestry (TPR), parent of Coach, fell more than 20% after its August report on guidance Cramer called merely in line. It reports the same morning. Can Ralph Lauren Stock Keep Beating a 380% Rally? Cramer said Ralph Lauren’s sales compounded at 13% a year over the past five fiscal years, while adjusted earnings per share (EPS) compounded at 57%.
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