The Company repurchased approximately 971,000 shares of Class A Common Stock during the third quarter of Fiscal 2013, utilizing $150 million of its authorized share repurchase programs. In the first nine months of Fiscal 2013, the Company repurchased $450 million of its Class A Common Stock and approximately $627 million remained available under authorized share repurchase programs at the end of the third quarter. The Company had $78 million in capital expenditures in the third quarter, compared to $68 million in the prior year period. The third quarter ended with inventory up 10% to $981 million from $895 million in the third quarter of last year.Global Retail Store Network
Ralph Lauren Reports Better-Than-Expected Third Quarter Fiscal 2013 Results And Raises Its Full Year Fiscal 2013 Profit Outlook
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