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Ralph Lauren posts quarterly sales beat
Nov 9, 2024 12:06 PM

Nov 7 (Reuters) - Ralph Lauren ( RL ) topped Wall Street

estimates for quarterly revenue on Thursday, benefiting from

steady demand for its cable-knit sweaters and Oxford shirts in

North America, Europe and China.

The luxury retailer's net revenue rose 6% to $1.73 billion

in the second quarter ended Sept. 28 from a year earlier.

Analysts on average had expected revenue of $1.68 billion,

according to data compiled by LSEG.

(Reporting by Savyata Mishra in Bengaluru; Editing by Shinjini

Ganguli)

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