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TPR Tapestry Inc

39.24
0.45 (1.16%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tapestry Inc NYSE:TPR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.45 1.16% 39.24 39.77 39.03 39.09 3,307,600 01:00:00

Coach 2nd-Half Net Sales Rise to $2.30 Billion From $2.26 Billion Year Ago

04/02/2016 5:23am

Dow Jones News


Tapestry (NYSE:TPR)
Historical Stock Chart


From May 2019 to May 2024

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   By Anjie Zheng 
 

HONG KONG--Leather-goods company Coach Inc. (COH) said Thursday its net sales for the six months ended December rose to $2.30 billion from $2.26 billion a year ago.

The New York-listed company, which has depositary receipts traded in Hong Kong, said its earnings in the second half were buoyed by a positive contribution from the Stuart Weitzman brand.

Sales in North America in the period declined 8.9% because of net store closings and lower wholesale sales, Coach said. Net sales in Europe grew by $28.9 million and in Greater China by $11.4 million, the company said. Coach attributed gains to store openings and positive store sales in mainland China.

Operating income in the second half was $402.4 million, down from $455.2 million, partly because of pretax charges and administrative expenses.

 

Write to Anjie Zheng at anjie.zheng@wsj.com

 

(END) Dow Jones Newswires

February 04, 2016 00:08 ET (05:08 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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