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More on Ralph Lauren (RL): Wholesale segment sales rose 3% Y/Y to $694M, while retail sales were up 5% to $857M. Operating expense margin fell 60 bp to 43.9% as a result of operational management and a "shift" in timing of certain expenses out of FQ1 into the balance of FY13. Expects net revenue to increase by a mid-single-digit percentage. RL -4.8% premarket. (PR)

More on Ralph Lauren (RL): Wholesale segment sales rose 3% Y/Y to $694M, while retail sales were up 5% to $857M. Operating expense margin fell 60 bp to 43.9% as a result of operational management and a "shift" in timing of certain expenses out of FQ1 into the balance of FY13. Expects net revenue to increase by a mid-single-digit percentage. RL -4.8% premarket. (PR) Post your comment!

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