Ralph Lauren Corp. Bottom Line Falls 8% In Q2

(RTTNews) - Ralph Lauren Corp. (RL) revealed a profit for second quarter that declined from last year.

The company said its bottom line totaled $184 million, or $2.13 per share. This was lower than $201 million, or $2.25 per share, in last year's second quarter.

Analysts had expected the company to earn $1.74 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.0% to $1.97 billion. This was down from $1.99 billion last year.

Ralph Lauren Corp. earnings at a glance:

-Earnings (Q2): $184 Mln. vs. $201 Mln. last year. -Earnings Decline (Y-o-Y): -8.5% -EPS (Q2): $2.13 vs. $2.25 last year. -EPS Decline (Y-o-Y): -5.3% -Analysts Estimate: $1.74 -Revenue (Q2): $1.97 Bln vs. $1.99 Bln last year. -Revenue Change (Y-o-Y): -1.0%