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Actionable news in RL: RALPH LAUREN CORPORATION,

Hold Your Applause. Ralph Lauren, Michael Kors Are Not Showing Signs of Strength, Yet

These days, when retailers manage to top quarterly estimates, even slightly, their stocks spike as if they just announced they were being acquired by Amazon.com Inc. (AMZN) .

On Tuesday, Aug. 8, shares of Ralph Lauren Corp. (RL) soared more than 11% after the lofty fashion designer, distributor and retailer posted first-quarter earnings of $1.11 a share, trouncing the earnings of 95 cents a share Wall Street expected. Its revenue...


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