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Ralph Lauren
RL posted better-than-expected fiscal third-quarter earnings.
Ralph Lauren's quarterly net income surged 9.7% to around $237 million, or $2.57 per share, versus around $216 million, or $2.31 per share, in the year-ago period. However, analysts were expecting a profit of $2.51 per share.
Its revenue climbed 9.2% to $2.02 billion, versus analysts' estimates of $2.01 billion.
Ralph Lauren shares gained 8.30% to $167.00 in pre-market trading.
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