February 1, 2018 / 6:58 PM / 9 months ago

BRIEF-Ralph Lauren Says Q3 Total Revenue In Mainland China Rose 28 Pct YOY - Conf Call‍​

Feb 1 (Reuters) - Ralph Lauren:

* ESTIMATE THAT GLOBAL DIRECTLY OPERATED E-COMMERCE BUSINESS WILL GENERATE ABOUT $380 MILLION OF REVENUE IN FISCAL 2018 - CONF CALL‍​

* Q3 TOTAL REVENUE IN MAINLAND CHINA ROSE 28 PERCENT YOY - CONF CALL‍​

* WE ESTIMATE ONGOING EFFECTIVE TAX RATE TO DECLINE BY ABOUT 200 BASIS POINTS

* NEW TAX RATE WILL EQUATE TO ANNUAL NET REDUCTION IN TAX EXPENSE OF ABOUT $12 MILLION OR $0.15 PER SHARE Further company coverage:

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