Ralph Lauren (NYSE:RL) outlined new three-year targets calling for mid-single-digit sales growth and 100–150 basis points of operating margin expansion, with management emphasizing that its 16% margin outlook is not a ceiling. The company expects growth to be fueled by continued strength in Asia and Europe, alongside incremental gains from women's apparel, handbags, and a broader store footprint across APAC and EMEA. Bank of America Securities (BofA) said the updated plan mirrors the company's prior strate ...