Why Coach Earnings Sent the Stock Flying
Kudos to the analysts who projected expected revenue for Coach (NYS: COH) at $1.6 billion, because they came in right on the mark. Shares absolutely soared out of the gate on big surprises on the same-store-sales front. Fortunately for investors, overseas growth is still red hot and the company continues to put up big gains in China. Blake suggests investors keep an eye on the company's expansion into menswear as well.
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The article Why Coach Earnings Sent the Stock Flying originally appeared on Fool.com.Blake Bos and Isaac Pino have no positions in the stocks mentioned above. The Motley Fool owns shares of Coach and Fossil. Motley Fool newsletter services recommend Coach and Fossil. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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