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(Reuters) – Ralph Lauren Corp (NYSE:RL) on Thursday topped market estimates for quarterly revenue, as wealthier shoppers unaffected by inflation splurged on the company’s high-end clothing and footwear.
Net revenue rose to $1.58 billion for the second quarter, from $1.50 billion a year earlier, compared to analysts’ forecast of $1.56 billion according to Refinitiv IBES data.
