We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Cobalt Blue Holdings Limited | TG:COH | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0009 | -2.12% | 0.0416 | 0.0396 | 0.0436 | 0.0422 | 0.0418 | 0.0422 | 77,834 | 22:50:00 |
From Jan 2020 to Jan 2025
DOW JONES NEWSWIRES
Coach Inc. (COH) cut its fiscal second-quarter guidance, citing lower U.S. customer traffic during the holiday shopping season.
Shares fell 6.7% to $19.51 Thursday in after-hours trading.
The luxury leather-goods retailer now expects earnings of 67 cents a share for the quarter ended Dec. 27, 10 cents less than its October forecast. A year earlier, Coach earned 69 cents a share.
Analysts were looking for per-share earnings of 74 cents, according to a poll by Thomson Reuters.
Coach said second-quarter sales fell 1.8% to $960 million, less than its forecast of $1.05 billion. Same-stores sales dropped 13% in North America.
"Despite the heavily promotional environment, we maintained our retail prices, protecting our brand proposition," said Chief Executive Lew Frankfort.
Before the holidays, Coach said it was controlling expenses and introducing new styles in a range of prices to tempt shoppers. Its October forecast was better than some analysts had expected.
Because of the uncertain environment, Coach said Thursday that it wouldn't predict earnings for the second half or full fiscal year. It reports second-quarter results Jan. 21.
-By Kathy Shwiff, Dow Jones Newswires; 201-938-5975; Kathy.Shwiff@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary. You can use this link on the day this article is published and the following day.
1 Year Cobalt Blue Chart |
1 Month Cobalt Blue Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
