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; melodie.warner@dowjones.com

Stock News for Coach (COH)
DateTimeHeadline
05/26/201516:00:02TJX Has 1 Key Advantage That Macy's and Kohl's Do Not
05/26/201514:00:00Coach, Inc. to Present at the Bernstein Strategic Decisions Conference
05/26/201509:00:033 Reasons Coach Inc. Stock Could Rise
05/24/201514:05:043 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201514:00:103 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201513:55:043 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201513:50:043 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201513:45:083 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201513:40:043 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201513:35:093 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201513:30:083 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201513:25:073 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201513:20:043 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/24/201513:15:113 Reasons Coach Inc.'s Stock Might Not Be Done Falling
05/20/201513:00:09Macy's Makes a Risky Move to Pander to Wealthy Customers
05/20/201512:15:10What Is the S&P 500 Index?
05/15/201507:00:00Coach Declares Quarterly Cash Dividend
05/11/201519:20:11Is Macy's Inc. About to Eat Itself Alive?
05/09/201517:05:02Is Coach Inc. Stock a Buy?
05/06/201517:07:48Quarterly Report (10-q)

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

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad