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Ralph Lauren beats Wall Street estimates for both second quarter profit and revenue

Associated Press +6 · ·by G4L

RL
RL Ralph Lauren Corp
$398.52 +5.83%
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  1. 1Ralph Lauren reported second quarter profit of $296.6 million.
  2. 2Ralph Lauren's second quarter earnings per share of $4.87 exceeded the average estimate of $4.27 from 6 analysts surveyed by Zacks Investment Research.
  3. 3Ralph Lauren's second quarter revenue was recorded at $2.19 billion.

So what's the key point?

Ralph Lauren earned more profit and revenue than experts expected. This means the earnings per share of $4.87 surpassed expectations.

Source Associated Press +6 · View original ↗

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