Coach, Inc. Reports Fiscal 2016 Second Quarter Results
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Piper Jaffray Raises Price target on Coach (COH) Following a 2Q Beat.
January 28, 2016 8:42 AM ESTPiper Jaffray reiterated an Overweight rating on Coach (NYSE: COH), and raised the price target to $38.00 (from $37.00), following the company's 2Q earnings report. The company met expectations for a (4%) North American retail comp and reiterated its top-line and operating margin guidance for the full-year. During the quarter, while Coach... More
Wolfe Research Upgrades Coach (COH) to Outperform
January 27, 2016 10:18 AM ESTWolfe Research upgraded Coach (NYSE: COH) from Peerperform to Outperform.
For an analyst ratings summary and ratings history on Coach click here. For more ratings news on Coach click here.
Shares of Coach closed at $33.33 yesterday.
... MoreCoach (COH) Gains Nearly 10% Following Solid Results; Moves Above 200 Day MA
January 26, 2016 10:49 AM ESTCoach (NYSE: COH) is up sharply following earnings this morning and shares just crossed above its 200 day moving average, an important technical signal. Shares are up 9.9% to $33.34 at last check.
Coach reported Q2 EPS of $0.68, $0.01 better than the analyst estimate of $0.67. Revenue... More
Coach (COH) Tops Q2 EPS by 1c; Boosts FY16 Op. Income Outlook
January 26, 2016 6:46 AM ESTCoach (NYSE: COH) reported Q2 EPS of $0.68, $0.01 better than the analyst estimate of $0.67. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.28 billion.
Fiscal Year 2016 Outlook:
The Company is maintaining its Fiscal 2016 constant currency revenue growth and operating margin guidance for the Coach brand, while raising its consolidated operating income outlook based on second quarter results.
Coach brand revenues for Fiscal 2016 are still expected to increase by low-single digits in constant currency on a 52-week basis. However, based on current exchange rates,... More
