Goldman Cuts Estimates for Polo Ralph Lauren

Analyst Margaret Mager says all parts of the upscale retailer's business have slowed

Goldman Sachs lowered its earnings estimates on Polo Ralph Lauren (RL ) for the second quarter and full year 2002. Fiscal year 2002 earnings per share estimates were cut to $1.70 from $1.90 and the 2002 estimate was reduced to $1.95 from $2.15.

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