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Tapestry Falls 15% Following Q3 Earnings; Kate Spade In Focus
Tuesday, May 1, 2018 - 1:19pm | 450Shares of Tapestry Inc (NYSE: TPR) fell more than 15 percent Tuesday after the parent company of multiple luxury fashion brands such as Kate Spade, Coach and Stuart Weitzman reported its third-quarter results. What Happened Tapestry beat EPS estimates by 4 cents, coming in at 54 cents per share;...
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Coach Is Changing Its Name To...Tapestry?
Wednesday, October 11, 2017 - 9:53am | 512Fashion designer and retailer Coach Inc (NYSE: COH) announced Wednesday it will be changing its name to Tapestry, Inc. effective as of the end of the month. The company's stock will also begin trading under the ticker "TPR" at that time. You've Got A Friend The company's...
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Cramer: Coach Is Now Out Of The 'Doghouse'
Monday, June 19, 2017 - 1:27pm | 508For many years, Coach Inc (NYSE: COH) has been stuck in the "doghouse" — but that is no longer the case, CNBC's Jim Cramer explained during his daily "Mad Money" show last Friday. After several years of underperformance and a brand that has fallen out of touch with consumers, Coach hired a "...
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Luxury Retail Having An Exquisite Q3 Thus Far
Thursday, November 10, 2016 - 5:05pm | 583Luxury retailers are reporting better-than-expected quarterly earnings amid challenging retail landscape and tourism headwinds. Earnings of Kate Spade & Co (NYSE: KATE) and Ralph Lauren Corp (NYSE: RL) have topped the Street, while Coach Inc (NYSE: COH)’s earnings came in line. The Lux...
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Coach Chief Victor Luis Talks Earnings, Outlook
Wednesday, August 10, 2016 - 8:28am | 338Coach Inc (NYSE: COH)'s CEO Victor Luis was a guest on CNBC Tuesday to talk about the company's Q2 earnings print and his outlook looking forward. Luis highlighted the company's recent quarter's accomplishments, including a 2 percent North American comp growth which was actually...
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Coach Spikes 5% Following Q2 Print, Full-Year Guidance
Tuesday, January 26, 2016 - 9:59am | 307Shares of Coach Inc (NYSE: COH) were trading higher by more than 5 percent at $31.95 as investors and traders were encouraged by the company's second quarter results and full-year outlook. Coach earned $0.68 per share on revenue of $1.27 billion during the second quarter. Analysts were...
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Coach Acquires Luxury Designer Footwear Brand Stuart Weitzman For More Than $500 Million
Tuesday, January 6, 2015 - 10:30am | 220Coach Inc (NYSE: COH) on Tuesday announced that it has acquired Stuart Weitzman Holdings LLC, a leading designer and manufacturer of women's luxury footwear, from private equity firm Sycamore Partners. According to a Coach press release, the acquisition is intended to complement the company's...