More on Ralph Lauren's (RL) FQ3: The retailer crushed estimates with margins improved and both...

|By:, SA News Editor

More on Ralph Lauren's (RL) FQ3: The retailer crushed estimates with margins improved and both the retail and wholesale side of the business beating expectations. Consolidated comparable store sales rose 4% with the impact of Superstorm Sandy pinching growth by one to two percentage points. The company raises its full-year outlook after factoring in its better-than-anticipated FQ3, saying revenue will improve by 2% Y/Y. RL +6.2% premarket. (PR)