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August 08, 2006
Polo's Q1 Revenue Rockets 27%
Polo Ralph Lauren increased its first-quarter revenue by nearly 27% to $954 million, citing strong sales across the board.
Income for the quarter ended July 1 skyrocketed 58% to $80 million.
Sales of high-end apparel, including Ralph Lauren Purple Label, helped boost results. The company’s home goods also performed well, leading it to raise its full-year expectations.
Posted by Blacks on August 8, 2006 09:48 AM
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