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 (2727) | 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 (1373) | 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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