Polo Ralph Lauren (RL -9.2%) sinks to the bottom of the S&P after reporting its...

|By:, SA News Editor

Polo Ralph Lauren (RL -9.2%) sinks to the bottom of the S&P after reporting its disappointing quarter and big jump in inventories, raising concerns about future markdowns. Costco (COST -1.1%) is lower after taking a $49M accounting charge related to rising prices. Retailers and apparel companies (RTH -0.3%) perk up but continue to lag.