Key Q2 Earnings Takeways For Ralph Lauren Corp (NYSE:RL), Hertz Global Holdings, Inc (NYSE:HTZ) and Tripadvisor Inc (NASDAQ:TRIP)

The shares for Ralph Lauren Corp (NYSE:RL) have seen an increase of 5.2% on Tuesday. The company reported fiscal first quarter earnings which have beaten the estimates. Their net income stands at $59.5 million. Ralph Lauren Corp (NYSE:RL) revenue turned out to be $1.35 billion and it is down from the $1.55 billion mark last year. This decrease mainly occurred because of a pullback that happened owing to less promotion, elimination of brands and even decreasing consumer demand.

The shares for Hertz Global Holdings, Inc (NYSE:HTZ) rose by 0.1% on late Tuesday. This happened right after the company reported wider than expected losses for the quarter. Hertz Global Holdings, Inc (NYSE:HTZ) said that it lost $158 million in the second quarter as compared to the loss of $43 million a year ago. Their net income stands at $35 million and the total revenue for the quarter has reached $2.2 billion. Hertz believes that they have made quite a lot of progress in the first half of 2017 and want to keep the momentum going.

Travel Company Tripadvisor Inc (NASDAQ:TRIP) has seen a fall of 6% in their shares after the company reported sales volume lower than the expectations by the Wall Street market. The company reported earnings of $27 million while it was $34 million last year. Tripadvisor Inc (NASDAQ:TRIP)net income was recorded at $53 million as compared to $56 million last year. The revenue managed to reach $424 million in the quarter while last year it had only reached $291 million.

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