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Stock Market & Financial Investment News

News Breaks
January 22, 2014
07:01 EDTCOHCoach reports Q2 EPS $1.06, consensus $1.11
Reports Q2 revenue $1.42B, consensus $1.48B. Victor Luis, CEO of Coach, Inc., said, “During the holiday quarter, total sales fell slightly in constant currency as weakness in our North American women’s bag and accessories business offset strong growth in Men’s, footwear, and robust results in emerging Asian markets and Europe. We continued to be disappointed by our performance in North America, which was impacted by substantially lower traffic in our stores and by our decision to limit access to our e-factory flash sales site. At the same time, China results remained resilient with total sales growing about 25% and comparable store sales rising at a double digit rate. Importantly, we continued to advance our transformation initiatives and position Coach to launch Executive Creative Director Stuart Vevers’s first collection in September.”
News For COH From The Last 14 Days
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October 9, 2014
09:41 EDTCOHBofA/Merrill retail analysts hold an analyst/industry conference call
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