User 112873

1 Comment

    • ON: Thu Oct 11th 16:12 PM
      Commented on:
      Coach Calls a Time-Out for the Aspirational American Consumer
      I disagree. Since Coach derives a significant % of sales in Japan, and soon China, the favorable exchange rate in these healthy overseas markets should offset weakness in US sales. Further, as Coach expands product offerings and market segments, same store sales should continue to increase in the US and abroad. Prognosis is good, especially for the long term investor. Coach is a solid company producing 20%+ annual sales increases that is just entering the Chinese marketplace. Sure, Coach isn't producing those heady 40%+ sales gains any longer, but consistent 20%+ is just fine by me.
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