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January 24, 2006

Coach: Sales Are In The Bag

Coach’s 2005 fourth-quarter earnings grew over 37% to $174 million, compared to $126 million a year earlier, the company said Tuesday.

Holiday sales of handbags and leather accessories helped drive the better-than-expected results.

The New York company lifted its sales expectations for 2006 based on the figures, predicting sales of over $2 billion for the year.

Posted by Blacks on January 24, 2006 07:56 AM

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