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January 24, 2007
Coach Reports 30.6% Income Jump In Q2
Coach’s second-quarter income skyrocketed 30.6% to $227.5 million, leading the leather goods and accessories company to raise its 2007 expectations.
The strength of the quarter, which ended Dec. 30, was driven by online sales and demand in Japan, Coach said.
Given its performance, Coach is predicting sales of over $2.6 billion this year, or 25% higher than last year.
Posted by Blacks on January 24, 2007 09:42 AM
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