Early Ralph Lauren rally fades

|By:, SA News Editor

Shares of Ralph Lauren (RL -4%) erase a nifty premarket gain and head south after the firm's earnings call didn't sustain the early enthusiasm over the FQ3 EPS beat.

The call didn't unleash any bombshells, but the tone on Southern Europe and China was slightly cautionary.

E-commerce channels in Europe and Asia are still in their infancy, note execs.

Earnings call webcast