Published on 31 May 2022 on Simply Wall St. via Yahoo Finance
Is Weakness In Ralph Lauren Corporation (NYSE:RL) Stock A Sign That The Market Could be Wrong Given...
Ralph Lauren (NYSE:RL) has had a rough three months with its share price down 21%. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to Ralph Lauren's ROE today.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
See our latest analysis for Ralph Lauren