Ralph lauren says about two thirds of its stores in chinese mainland temporarily closed over past week

Oration provides update on impact of coronavirus.q4 fiscal 2020 guidance is now estimated to be negatively impacted by $55 million to $70 million in sales.expects broader impact across its businesses in china and parts of asia due to significantly reduced travel and retail traffic.approximately two thirds of company's stores in chinese mainland have been temporarily closed over past week.q4 guidance now estimated to be negatively impacted by $35 million to $45 million in operating income in asia.supply chain disruptions in china could also impact a small portion of q4 orders globally..ralph lauren - plans to provide update on operational & financial impact along with fiscal 2021 and q1 guidance on its q4 fiscal 2020 earnings call.q4 revenue view $1.51 billion -- refinitiv ibes data.
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