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Ralph Lauren reported strong earnings growth that surpassed estimates and raised its outlook for the coming year.
Ralph Lauren Corporation was among the biggest gainers in the S&P 500 as shares surged to a record high on Thursday after the company's third-quarter results came in better than expected.
Ralph Lauren's stock has seen a strong return but faces challenges like declining mall traffic and erratic profit margins, raising concerns for investors. Read more here.
With ultrahigh-end brands taking price hikes too far, another tier of luxury is finding opportunity.