By
Reuters API Fashion
Reuters API Fashion
Published
Feb 9, 2023
Feb 9, 2023
Ralph Lauren beats quarterly revenue estimates
By
Reuters API Fashion
Reuters API Fashion
Published
Feb 9, 2023
Feb 9, 2023
Ralph Lauren Corp beat Wall Street expectations for quarterly revenue on Thursday, as demand for its high-end clothing and accessories held up amid expectations of some affluent customers reining in spending on luxury goods.
Net revenue rose 1% to $1.83 billion in the third quarter ended December 31, while analysts had expected $1.76 billion, according to Refinitiv IBES data.
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