Coach (COH) Tops Q4 EPS by 1c
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Coach Reports Fourth Quarter and Fiscal Year Earnings Per Share of $0.31 and $1.92 Excluding Transformation-Related Charges and Acquisition Costs; $0.04 and $1.45 on a GAAP Basis
August 4, 2015 7:00 AM EDTBoard Declares Quarterly Dividend
NEW YORK--(BUSINESS WIRE)-- Coach Inc. (NYSE: COH) (SEHK: 6388), a leading New York design house of modern luxury accessories and lifestyle brands, today reported net sales of $1.00 billion for its fourth fiscal quarter ended June 27, 2015, including a $43 million contribution from the May acquisition of Stuart Weitzman. This compared with $1.14 billion reported in the same period of the prior year, a decrease of 12%. On a constant currency basis, total sales declined 8% for the period. Net income for the quarter totaled $85 million, with earnings per... More
