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Ralph Lauren shared its second-quarter results, showing a 10% rise in sales and growth in Asia and retail.

ResultsRead the original at Benzinga
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Ralph Lauren's sales rose 10%, led by Asia, and it raised its full-year forecast after results beat expectations. This points to a better outlook, though management called the global setting complex and named no specific setback.

RL · Ralph Lauren Corporation

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Stores and online sales grew in the low double digits, while wholesale sales grew in the mid-single digits. Ralph Lauren also added 1.7 million direct customers. Cash flow supported continued brand spending and payments to shareholders. Management called the global setting complex but named no specific setback.

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