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Actionable news in RL: RALPH LAUREN CORPORATION,

Ralph Lauren (RL) Stock Gains on Q4 Earnings Beat

NEW YORK (TheStreet) -- Ralph Lauren (RL - Get Report) stock is advancing 4.14% to $88 in pre-market trading on Thursday after the company delivered fiscal 2016 fourth quarter financial results that topped estimates.

The New York City-based apparel and accessories company reported earnings of 88 cents per share for the latest quarter, beating projections of 83 cents per share.

Revenue declined 1% year over year to $1.87 billion for the quarter ended April 2, but exceeded estimates of $1.86 billion. On a constant currency basis, revenue was flat, compared with the same quarter last...


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