Is a dip a chance to bag Coach for cheap?
Shares of Coach sank today after the company reported disappointing earnings. The big concern for investors is that sales were short of estimates.
Outgoing CEO Lew Frankfort, who normally visits CNBC's Closing Bell when earnings are released, declined to appear today. The company said he was unavailable because he was on vacation.
Is this dip a chance to bag Coach for cheap?
On Closing Bell's Talking Numbers segment, Richard Ross, Global Technical Strategist at Auerbach Grayson, and Marc Lichtenfeld, Associate Investment Director at the Oxford Club, discuss Coach's technicals and fundamentals.
Watch the video above to Ross and Lichtenfeld on Coach.
- Consumer Discretionary
- Closing Bell