Coach Dodges Recession


	Coach Dodges Recession

Lauren Sherman

4-22-2008 9:57 AM

257 views

Lauren Sherman says:

Maybe aspiration luxury buyers aren't pulling back. Coach reported a 19% sales increase for their third quarter.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2904db02-307b-4690-baa4-a05db38778cf/B652C24C-B9D1-407E-90AB-25146CAA9EB1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.wwd.com/issue/article/124382?src=breakingnews" href="http://www.wwd.com/issue/article/124382?src=breakingnews" style="font-size: 11px;">www.wwd.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wwd.com/issue/article/124382?src=breakingnews">Coach Inc. posted an 8 percent jump in third-quarter earnings, buoyed by a boost 
in North American sales.<BR><BR>For the three months ended March 29, earnings 
reached $162.4 million, or 46 cents a diluted share, up from $150 million, or 40 
cents, in the year-ago period. Sales for the quarter rose 19 percent to $744.5 
million from $625.3 million, with total North America same-store sales growing 9 
percent.<BR></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B652C24C-B9D1-407E-90AB-25146CAA9EB1/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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