New York–Ralph Lauren Corp. today reported a bigger-than-expected declines in holiday quarter sales, hurt by warm weather and fewer tourists. For the three months ended Dec. 26, the company posted net income down 40% to $131 million, or $1.54a share, in its third quarter. Excluding items, the company earned $2.27 a share, ahead of analysts’ […]
The post Ralph Lauren Posts 40% Profit Fall for Holiday Quarter appeared first on Accessories Magazine.