BUZZ - Ralph Lauren shares fall as third-quarter revenue forecast misses expectations

November 5 - ** Ralph Lauren (RL.N) shares fell about 8% in premarket trading to $378

** Impacted by an overall slowdown in the luxury goods sector, the company expects (link) third-quarter revenue to generally fall short of analysts' expectations

** Ralph Lauren expects third-quarter revenue, at constant currency, to achieve low-to-mid single-digit growth, around 3% to 4%, lower than analysts' forecast of 4.27%

** However, the company's second-quarter revenue and adjusted earnings per share both exceeded expectations, and the full-year revenue and margin forecasts have been raised

** As of the previous trading day's close, RL has risen about 17% so far this year

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