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Shares of Ralph Lauren drop on weak 3Q results

2015-02-04 16:52:18| Apparel - Topix.net

Ralph Lauren Corp.'s fiscal third-quarter net income fell 9 percent as the company spent more on opening new stores and marketing while revenue stayed nearly flat. The results for the retailer missed expectations and shares and the company trimmed its 2015 revenue forecast as well.

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Category:Consumer Goods and Services

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