Latest Articles
-
Coach’s Acquisition Of Kate Spade Finally Comes To Fruition
After months of speculation, Coach (NYSE:COH) announced on Monday that it was buying Kate Spade for $18.50 per share, valuing the deal at $2.4 billion. The transaction represents a premium of 27.5% to the closing price of Kate Spade from Decemb...
-
Cutback On Discounts Results In Bottom Line Improvement For Coach Inc.
Coach (NYSE:COH) delivered its third quarter sales on May 1, reporting earnings of 46 cents per share on sales of $995 million. Analysts, on the other hand, had expected an EPS of 44 cents and sales of $1.02 billion. The decision to “ elev...
-
Coach Among M&A Speculation Yet Again
Seems like every week Coach (NYSE:COH) is linked with the acquisition of a different luxury brand. This time around it is fashion house Jimmy Choo, best known for its shoes. The latter announced earlier this week that it is up for sale, sending...
-
Can Coach Inc. Continue Its Positive Surprise Streak In The Third Quarter?
Coach (NYSE:COH) is set to release its third quarter results on May 2, 2017, wherein a decline in revenue is expected, versus the third quarter in 2016, with an EPS of 44 cents, in line with the year-ago period. However, what is more important i...
-
Why Has Coach Inc.’s Stock Price Increased Over 15% Since The Beginning Of The Year?
Affordable luxury brand Coach (NYSE:COH) has been making a very persuasive argument that it has turned around its fortunes. A breakdown by Market Watch noted that, among the S&P 500 companies, only two retailers, namely Coach Inc. and OR...
-
Why Does A Deal Between Kate Spade And Coach Inc. Make Sense?
The shares of the affordable luxury retailer Kate Spade fell by as much as 8% once news surfaced that the company will spend a few more weeks negotiating a potential sale of the company, after it received an offer from Coach (NYSE:COH). Such a ...
-
Could Coach Inc. Be A Takeover Target?
The latest takeover speculation in the highly competitive handbag industry is of Coach (NYSE:COH) as an acquisition target. A news alert from Benzinga Lightning Feed, an aggregated feed used by a number of traders, reported that French luxury c...
-
Coach: A Lone Ranger In The Retail Space
Affordable luxury brand Coach (NYSE:COH) has been making a very persuasive argument that it has turned around its fortunes. In its fourth quarter of FY 2016 (ended June 2016) the company noted a return to positive comparable sales in its North ...
-
Coach And Michael Kors Still In The Hunt For Kate Spade
Handbag and accessories retailer Kate Spade recently confirmed speculation that it is exploring strategic alternatives for its business. Earlier it was reported that the company was working with a bank to contact possible buyers, including other ...
-
Coach Inc.’s Revenue Rises Despite Department Store Pullback
Coach (NYSE:COH) posted its second quarter earnings on January 31, 2016. Amid a challenging and volatile global retail environment, the company was able to deliver top line growth in each of its segments, highlighted by positive comparable sales...
-
Can Coach Inc. Continue With Its Positive Earnings Surprise Streak In Its Second Quarter?
Coach (NYSE:COH) is scheduled to report its second quarter earnings on January 31, 2016, for the period ended December 2016. For the quarter, the consensus estimate for the revenue comes in at $1.32 billion on earnings of 74 cents per share. The...
-
Retail Companies Get A Boost Amid Border Tax Reform Complications
President-elect Donald Trump may have killed the Republicans’ version of corporate tax reform, which had been pitched as an alternative to his proposed import tariffs. This measure, called a border adjustment, would tax imports and exempt ...
-
Part 2: Is There A Way Out Of The Rut For Brick And Mortar Stores?
A number of retailers, including Macy’s, Barnes & Noble, and Sears, delivered disappointing holiday sales results. Women’s apparel retailer The Limited reported it will close down its 250 brick and mortar stores. Retail bigwig Wal...
-
Retailing Conundrum, Part 1: Is There A Way Out Of The Rut For Brick And Mortar Stores?
Declining mall traffic and low prices offered by fast fashion retailers have been crushing apparel retailers. Earlier in the month, news surfaced regarding the shuttering of retailer The Limited . This news comes on the back of a difficult holida...
-
Is Coach Inc.’s Stock Price Decline Justified?
After a rally in the first half of 2016, Coach ‘s (NYSE:COH) stock price has witnessed a decline, to levels seen at the beginning of the year. The company’s closing price rose to a high of $43.46 on August 1, but has seen a steady de...
