ADVFN - Advanced Financial Network.
HOME» NYSE » C » COH Stock Price » COH Stock News

Coach Share News

 Coach, Inc. Stock Price
COH Stock Price
 Coach, Inc. Stock Chart
COH Stock Chart
 Coach, Inc. Stock News
COH Stock News
 Coach, Inc. Company Information
COH Company Information
 Coach, Inc. Stock Trades
COH Stock Trades

Coach 4Q Net Rises 3.6% On Strong North America Sales

DOW JONES NEWSWIRES Coach Inc.'s (COH) fiscal fourth-quarter earnings rose 3.6% from a year-earlier quarter that included an extra week as North American sales continued to rise. The luxury handbag, accessories and leather-goods maker has posted double-digit profit growth in recent quarters on the strength of its North American direct-to-consumer businesses and global expansion. The company is also broadening its men's business with more male-oriented products and by opening men's stores in the U.S. and Japan. But Coach had warned that the March 11 earthquake and tsunami in Japan would lower fiscal fourth-quarter sales by about $20 million and earnings by 2 to 3 cents a share. For the quarter ended July 2, Coach reported a profit of $202.5 million, or 68 cents a share, up from $195.5 million, or 64 cents, a year earlier. The extra week added about 8 cents to last year's per-share earnings. Sales jumped 8.5% to $1.03 billion. Analysts polled by Thomson Reuters had most recently forecast earnings of 65 cents on revenue of $1.01 billion. Gross margin fell to 71.8% from 73.3%. Direct-to-consumer sales increased 9%, or 18% on a comparable basis to exclude the extra week last year. Same-store sales, on a comparable basis, rose 10.1% in North America. Same-store sales fell 2% in Japan, reflecting the stronger yen. Shares slipped 1% to $64.65 premarket. The stock has risen 70% over the past year. -By Melodie Warner, Dow Jones Newswires; 212-416-2283;

Stock News for Coach (COH)
11/24/201516:07:03If It Worked For Abercrombie & Fitch Co., Can It Work For Anyone?
11/18/201517:30:02Don't Discount Macy's Inc.'s Inventory Problems
11/12/201508:02:02Men's Wearhouse Inc Down Over 65%: What It Can Learn From J.C...
11/12/201506:45:00Coach, Inc. Declares Quarterly Cash Dividend
11/06/201506:46:38Current Report Filing (8-k)
11/05/201518:08:06Statement of Changes in Beneficial Ownership (4)
11/05/201508:50:00Kate Spade Swings to a Profit as Sales Jump
11/05/201508:36:00Kate Spade Swings to a Profit as Sales Jump
11/04/201520:46:034 Top Consumer Goods Stocks to Buy in November
11/04/201517:59:04Quarterly Report (10-q)
11/04/201511:50:51Kors Soars on Unexpected EPS Growth, but Challenges Linger
11/03/201520:29:00Luxury Handbags Lose Some Cachet
11/02/201517:30:025 Things Coach Management Wants You to Know
11/01/201507:40:02Coach Earnings: Moving in the Right Direction
10/31/201513:00:03Is the Worst Over for Michael Kors?
10/30/201516:47:08Statement of Changes in Beneficial Ownership (4)
10/30/201516:47:08Statement of Changes in Beneficial Ownership (4)
10/29/201502:41:30Flipping To Bullish On Coach For The First Time Ever
10/28/201513:30:02Coach Inc Earnings: First Quarter Sees Minor Improvements Among...
10/28/201504:54:21Coach: Transformation Continues To Develop Favorably

Coach and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations