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Actionable news in RL: RALPH LAUREN CORPORATION,

Ralph Lauren (RL) Stock Rising in Pre-Market Trading on Earnings Beat

NEW YORK (TheStreet) -- Ralph Lauren (RL - Get Report) stock is up by 12.63% to $128 in pre-market trading on Thursday, after the company's fiscal 2016 second quarter earnings results beat expectations.

Before the market open on Thursday, the New York City-based apparel company reported earnings of $1.86 per share compared to $2.25 per share for the year-ago period.

Revenue decreased to $1.97 billion, down from $1.99 billion for the same quarter last year.

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Analysts were expecting the company to report earnings of...


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