Ralph Lauren (RL) Tops Q3 EPS by 4c, Revenues Miss
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Ralph Lauren Reports Third Quarter Fiscal 2021 Results
February 4, 2021 8:01 AM ESTThird Quarter Revenues Were $1.4 Billion Reflecting Continued Recovery from COVID-19-Related Impacts; Asia Exceeded Expectations with Mid-Teens Growth Global Digital Commerce Sales Increased More than 20%, with Double-Digit Growth Across All Regions with Continued Expansion in Profitability Stronger than Expected Gross and Operating Margins Driven by a 19% Increase in Average Unit Retail and Continued Expense Reductions Restructuring Actions on Track with Second Stage Focused on Realignment of Real Estate Footprint Across Corporate Offices, Retail Stores, and Distribution Centers
NEW YORK--(BUSINESS WIRE)-- Ralph Lauren Corporation (NYSE:... More
