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June 19, 2014
11:20 EDTCOHCoach falls after issuing guidance at investor day meeting
During its investor day meeting, Coach said it sees a "low double digit" revenue decline in FY15 and for its North American comp stores sales to be down by a "high teens" percentage in its next fiscal year. Coach shares are down about 5.3% in morning trading while the company's meeting continues.
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