Ralph Lauren (RL) Weak on Negative European Sales Comments
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Price: $180.97 -1.48%
Rating Summary:
9 Buy, 5 Hold, 0 Sell
Rating Trend:
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Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
9 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade RL Now!
Ralph Lauren Corporation (NYSE: RL) is lower early Wednesday following negative analyst commentary surrounding European sales.
OTR Global said sales trends in Western Europe have slowed since May due to bad weather, the economy, and lack of innovative products.
This may not come as a huge surprise to investors. Nonetheless, shares are down 2.5 percent early.
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OTR Global said sales trends in Western Europe have slowed since May due to bad weather, the economy, and lack of innovative products.
This may not come as a huge surprise to investors. Nonetheless, shares are down 2.5 percent early.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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