Higher winterwear prices boost Ralph Lauren holiday margins; shares rise 6%
FILE PHOTO: A man walks past Ralph Lauren Corp.'s flagship Polo store on Fifth Avenue in New York City, U.S., April 4, 2017. REUTERS/Brendan McDermid/File Photo
- Ralph Lauren Corp inched past holiday-quarter revenue estimates on Tuesday, helped by demand for its winterwear in Europe and North America. Net revenue rose to $1.75 billion from $1.73 billion in the third-quarter ended Dec. 28, beating analysts’ average estimate of $1.72 billion, according to IBES data from Refinitiv.
Ralph Lauren said it continued to expect fiscal 2020 revenue, excluding fluctuations in foreign exchange, to rise 2% to 3%, but that did not include the potential impact from the outbreak of a new coronavirus.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
To Celebrate the Latest Bags From Polo Ralph Lauren, Ladies Lunched at the San Vicente BungalowsIn the midst of awards-season chaos, an elegant lunch in the private dining room of the San Vicente Bungalows, to celebrate the launch of new Polo RalphLauren accessories, was a welcome respite.
Leer más »
Rachel Brosnahan and Husband Jason Ralph Step Out for Date Night in New York CityRachel Brosnahan and Jason Ralph have been together since at least 2015 when they both worked on the WGN series Manhattan
Leer más »
Jeff Bezos Sued by Girlfriend Lauren Sanchez's Brother Michael for DefamationJeff Bezos is facing a lawsuit from his girlfriend Lauren Sanchez's brother, Michael
Leer más »
Lauren Sanchez’s brother sues Jeff Bezos for defamationJeff Bezos was sued for defamation by his girlfriend’s brother in a lawsuit accusing Bezos of falsely claiming the brother provided lurid photographs to the National Enquirer.
Leer más »
Chris Lane Surprises Lauren Bushnell at His L.A. Show With B-Day GiftChris Lane takes E! News behind-the-scenes of his Los Angeles show. From getting ready to surprising his wife with an early birthday gift, take a look at our gallery.
Leer más »
Lauren Sanchez's brother is now suing Jeff Bezos for defamation - Business InsiderJeff Bezos' girlfriend's brother is suing the Amazon CEO for defamation, claiming he was falsely accused of providing incriminating photos to the National Enquirer
Leer más »