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Sales growth without profits for the holidays?

Sales growth without profits for the holidays?

Solid growth in retail sales for the November and December holiday shopping season. Retail profits not so much. For November, advance estimates show retail and food services sales climbing 3.7% from November 2015, according to the U.S. Census Bureau. For December,...

Update Coach (COH)

Coach (COH) has successfully gone global. I think that’s the message in the September quarter results reported on October 26. The company ended its June fiscal 2010 year with 20% of the U.S. handbag market and a 16% market share in Japan. Sales doubled to $100 million...

Update Coach (COH)

Good sales and earning numbers from Coach (COH) for its fiscal second quarter but Wall Street wanted more and the stock was down almost 6% as of 11:15 in New York. The pattern here of sell even on the good news reminds me of the market’s reaction to Intel’s (INTC)...