Why Ralph Lauren Stock Is Up 7% Today

·2 min read
Why Ralph Lauren Stock Is Up 7% Today

Shares of apparel label Ralph Lauren (NYSE: RL) were higher by 6.9% heading into Tuesday's close following a stellar fiscal first-quarter report highlighted by triple-digit sales growth. For Ralph Lauren's fiscal first quarter ending in June, revenue of $1.38 billion beat the year-earlier top line by 182%.

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