Investing.com - Ralph Lauren A reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ralph Lauren A announced earnings per share of $1.88 on revenue of $1.49B. Analysts polled by Investing.com anticipated EPS of $1.71 on revenue of $1.4B.
Ralph Lauren A shares are up 8.56% from the beginning of the year and are trading at $103.00 , down-from-52-week-high.They are outperforming the Nifty 50 which is up 0.99% from the start of the year.
Ralph Lauren A shares gained 1.82% in pre-market trade the report.
Ralph Lauren A follows other major Consumer Discretionary sector earnings this month
Ralph Lauren A's report follows an earnings missed by Amazon.com on July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
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