Cascend Secuities warns on Ralph Lauren

Jan. 03, 2018 1:51 PM ETRalph Lauren Corporation (RL)RLBy: Clark Schultz, SA News Editor4 Comments
  • Ralph Lauren (RL -3%) slides after Cascend Securities warns that the retailer's holiday sales were weak, including a 10% decline in demand for products in December.
  • Cascend update: "We’ve been negative on RL because our consumer demand data shows decelerating Y/Y trends for RL. Reiterate SELL."

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