This morning, Coach (NYSE:COH) reported fiscal first quarter earning of $217.9 million, or 77 cents per share, as revenue was relatively flat year-over-year at $1.15 billion. While the company topped Wall Street earnings estimates in the quarter, sales failed to meet expectations. The company noted that North American sales were partially to blame with sale store sales falling 6.8% on the continent. On the news, shares Coach were headed lower, off 7.8% following the report.
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