Seeking Alpha

Coach higher following Michael Kors report

  • Shares of Coach (COH +0.9%) are higher following the FQ1 report from Michael Kors (KORS -7.4%).
  • Sales were strong at MK, although the company's rapid increase in inventory and slight margin compression are drawing some notice from investors.
  • Coach will have at its turn at the earnings plate tomorrow as it attempts to break a streak of EPS misses.
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Comments (3)
  • SivBum
    , contributor
    Comments (1948) | Send Message
     
    Hmn! thought KORS was up double digits pre-market, over $90 for awhile. Go figure.
    4 Aug 2014, 11:42 AM Reply Like
  • 11146471
    , contributor
    Comments (1040) | Send Message
     
    But please COH don't make a positive surprise on EPS and Revs...You will be tanked...Lol
    4 Aug 2014, 12:21 PM Reply Like
  • sprasad03
    , contributor
    Comments (76) | Send Message
     
    Can someone explain on how KORs report is making COH seem better?
    4 Aug 2014, 12:37 PM Reply Like
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