Tag: retail news
Coach profit surges in Q1
Nov 03, 2016 | From: Haimi,Z | Gategory: Retail Market | View:187
Coach profit surges in Q1 Luxury handbag and accessories brand Coach posted a 22% increase in profit for the first quarter, a result that one analyst said show the company’s turnaround is delivering. Profit totaled $117.4 million in the quarter, or 42 cents per diluted share. Adjusted net income for the quarter totaled $126 million, or 45 cents per diluted share, slightly ahead of forecasts. Reve...