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Fly News Breaks for March 12, 2018
RL
Mar 12, 2018 | 17:04 EDT
Credit Suisse analyst Michael Binetti initiated Ralph Lauren with an Outperform rating and a price target of $125. The analyst forecasts the company's June analyst meeting to provide details regarding the path to revenue growth by late 2018, leading to a "catch up" trade in the stock price that occurs when a "brand returns from deeply negative trends to revenues more in-line with category growth".
News For RL From the Last 2 Days
RL
Mar 28, 2024 | 07:29 EDT
SharkNinja (SN) announced that Patraic Reagan has been named Chief Financial Officer, effective April 22...Reagan will oversee SharkNinja's financial strategies and lead the company's global finance organization, including financial planning and analysis, accounting, treasury, tax, internal audit, and investor relations. Larry Flynn, who served as Interim Chief Financial Officer since June 2023, will continue in his role as Chief Accounting Officer. Reagan joins SharkNinja with over two decades of relevant experience. Most recently, Mr. Reagan served as the Chief Financial Officer of Nike's (NKE) Asia, Pacific, and Latin America segment, where he helped drive consecutive years of strong revenue growth, and EBIT expansion that outpaced revenue while accelerating investment in key areas. Over his 13-year career with Nike, Mr. Reagan also served as the Global VP of Business Planning and was the CFO of Nike's Direct-to-Consumer business in EMEA. Prior to Nike, Mr. Reagan held financial positions of increasing responsibility at roles with with Coach (now Tapestry TPR), Polo Ralph Lauren Corporation, Kraft Foods and Chiquita Brands International. .