Ralph Lauren shares fall 8% despite stronger earnings and annual outlook

Ralph Lauren shares fall 8% despite stronger earnings and annual outlook

(The FINANCIAL) — Ralph Lauren earnings increased in its fiscal second quarter, but the fashion company’s shares fell sharply on November 5 as its holiday-quarter forecast pointed to slower growth. The contrast puts the durability of demand, rather than the completed quarter alone, at the center of the investment debate. Ralph Lauren (NYSE: RL) traded […] The post Ralph Lauren shares fall 8% despite stronger earnings and annual outlook appeared first on FINCHANNEL.

(The FINANCIAL) — Ralph Lauren earnings increased in its fiscal second quarter, but the fashion company’s shares fell sharply on November 5 as its holiday-quarter forecast pointed to slower growth. The contrast puts the durability of demand, rather than the completed quarter alone, at the center of the investment debate. Ralph Lauren (NYSE: RL) traded […] The post Ralph Lauren shares fall 8% despite stronger earnings and annual outlook appeared first on FINCHANNEL.

This article was originally published by Finchannel.

Read Full Story on Source Site →
Share: