TITLE

Polo Income Slips 6.6%, Firm Cuts '09 Forecast

AUTHOR(S)
Young, Vicki M.
PUB. DATE
February 2009
SOURCE
WWD: Women's Wear Daily;2/5/2009, Vol. 197 Issue 24, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Polo Ralph Lauren Corp. in 2008-2009. Net income for the three months ended December 27, 2008 declined 6.6 percent, but earnings of $1.05 a diluted share were 19 cents ahead of analysts' consensus estimates. The company reduced full-year guidance to earnings of $3.85 to $4 a diluted share, down from prior guidance of $4 to $4.10, implying fourth-quarter earnings per share of between 29 cents and 44 cents.
ACCESSION #
36503994

 

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