Benzinga | Aug 4, 2020 08:05AM EDT

Ralph Lauren Q1 Adj. EPS $(1.82) Misses $(1.72) Estimate, Sales $487.50M Miss $615.02M Estimate

Ralph Lauren (NYSE:RL) reported quarterly losses of $(1.82) per share which missed the analyst consensus estimate of $(1.72) by 5.81 percent. This is a 202.82 percent decrease over earnings of $1.77 per share from the same period last year. The company reported quarterly sales of $487.50 million which missed the analyst consensus estimate of $615.02 million by 20.73 percent. This is a 65.89 percent decrease over sales of $1.43 billion the same period last year.