Ralph Lauren expects sales and margins to improve
May 24, 2022
The luxury consumers who purchase Ralph Lauren are not expected to let inflation slow them down. That’s why the brand forecast higher sales and margins for the year.
Recent News
Indian Spice Exports Have Potential for Cancer-Causing Pesticide
An FDA Enforcement Report states that some Indian spice exports have the potential to contain a cancer-causing pesticide.
Tesla’s Full Self Driving Approval in China Sparks Stock Surge
Tesla shares shot up over 12% early Monday as CEO Elon Musk got the nod to launch “Full Self Driving” (FSD) tech in China.
Domino’s Shares Soar as Pizza Chain Defies Sales Expectations
Domino’s shares were up by almost 7% in pre-market trading thanks to the success of its new loyalty programs and various promotional offerings.
Express’s New Owner Brings Post-Bankruptcy Hope to Beleaguered Retailer
Express’s bankruptcy filing earlier this month had analysts concerned about the popular clothing retailer’s survival, but news about its new owner has given a glimmer of hope to both Wall Street and consumers alike.