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Add as a preferred source on GoogleRalph Lauren Shares Fall Despite Another Increase to Its Annual Sales Forecast
The company topped revenue and earnings expectations, but weakness in Europe and its fiscal 2027 outlook tempered the report.
Ralph Lauren shares fell Thursday after the fashion company beat fiscal second-quarter revenue and earnings expectations and raised its full-year sales outlook for a second time.
Weak sales in Europe and the company’s fiscal 2027 outlook tempered the results. Ralph Lauren also pointed to a positive holiday season.
Ralph Lauren was one of two apparel companies scheduled to report Nov. 5 among the six names highlighted in TokenPost’s earlier sector coverage.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.