Goldman Sachs Pounds Table on Michael Kors (KORS) into Q3 Report

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Coach (COH) Investors Lower Expectations as U.S. Comps Decline

January 23, 2013 9:03 AM EST

Shares of retailer Coach (NYSE: COH) declined sharply on Wednesday after it released disappointing Q2 results that fell well short of Wall Street expectations. Management expressed confidence in their ability to address near-term challenges in North America, but based on the results it was obvious a reset of expectations was in order.

Coach reported revenue of... More

Coach (COH) Peers on Watch on Dismal Numbers

January 23, 2013 7:13 AM EST

Coach, Inc. (NYSE: COH) peers are on watch following weak Q2 results from the luxury retailer.

Coach reported Q2 EPS of $1.23, compared to estimates of $1,29. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.6 billion. Q2 N.A. comps... More