Retail News: Polo Profit Flat, Shares Sink on Outlook
May 22, 2002
By Ellis Mnyandu

NEW YORK (Reuters) - Polo Ralph Lauren Corp. on Wednesday posted a quarterly profit that was unchanged from a year ago, but its shares fell 9 percent on concerns that the earnings outlook for the upscale clothing designer and retailer is too dependent on a rebound in the second half of the year.
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