Ralph Lauren Shares Fall Despite Another Increase to Its Annual Sales Forecast
Photo: TokenPost
Ralph Lauren shares fell Thursday after the fashion company beat fiscal second-quarter revenue and earnings expectations and raised its full-year sales outlook for a second time. Weak sales in Europe and the company’s fiscal 2027 outlook tempered the results. Ralph Lauren also pointed to a positive holiday season. Ralph Lauren was one of two apparel companies scheduled to report Nov. 5 among the six names highlighted in TokenPost’s earlier sector coverage . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
