12:04 pm Coach steers lower following mixed Q3 and declining N. Am. sales
Coach (COH 39.45, -2.88) is trading 6.8% lower this afternoon following the company's mixed Q3 results. COH saw earnings per share for Q3 of $0.36, which was slightly better than expected, on revenues which fell 15.5% on a year-over-year to $929.3 million, which was slightly worse than expected.
COH is a luxury accessory which also sells women's and men's collections. Bags, leather goods, footwear, and watches are among the company's offerings. The company offers merchandise on the website, select …More