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Ralph Lauren lost $127M in first quarter of 2020: Report

Added 08-04-20 08:04:03pm EST - “Ralph Lauren Corp. on Tuesday reported a fiscal first-quarter loss of $127.7 million, after reporting a profit in the same period a year earlier.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Ralph Lauren lost $127M in first quarter of 2020: Report”. Below is an excerpt from the article.

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Face masks are taking over the fashion industry as the top trend of coronavirus. FOX Business' Gerri Willis with more.

Ralph Lauren Corp. (RL) on Tuesday reported a fiscal first-quarter loss of $127.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the New York-based company said it had a loss of $1.75. Losses, adjusted for non-recurring gains, were $1.82 per share.

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