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BofA/Merrill Lynch Upgrades Coach (COH) to Neutral

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Coach (COH) Tops Q4 EPS by 4c; Guides FY17

August 9, 2016 6:46 AM EDT

Coach (NYSE: COH) reported Q4 EPS of $0.45, $0.04 better than the analyst estimate of $0.41. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.17 billion.

Fiscal Year 2017 Outlook:

The following fiscal 2017 guidance is provided on a non-GAAP,... More