Wednesday, May 30, 2007

Polo Ralph Lauren posts higher quarterly profit

(Reuters) - Analysts, on average, were expecting the New York-based company to earn 62 cents per share, according to Reuters Estimates.




Net quarterly revenue rose 6 percent, to $1.03 billion, in line with Reuters Estimates, driven by a 10 percent increase in European sales and U.S. sales of children's wear, menswear and Lauren clothing.


Read more at Reuters.com Market News

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