Interviews
News Flash
Coach to participate at Goldman Sachs Conference
06 Sep '05
2 min read
New York based retailer Coach Inc, a leading marketer of modern classic American accessories, announced that its Chairman and Chief Executive Officer, Lew Frankfort, and members of the senior management team will present at the Goldman Sachs Global Retailing Conference on September 8, 2005 at 8:55 a.m.(EDT).
The audio portion of the presentation will be webcast live and archived for a period of five business days and is available to the general public. To access the live audio portion of the presentation, log onto: www.coach.com/investors.
It should be noted that in late August, the company announced contract extensions for three senior executives - Lew Frankfort, Reed Krakoff and Keith Monda - and provided a business update via press release. At that time the company noted that its first quarter results were tracking ahead of plan and raised its guidance for first fiscal quarter as well as for the full fiscal year.
The company expects that fiscal first quarter sales and earnings for the period ending October 1, 2005 will increase to at least $445 million and $0.25 per diluted share, respectively. This compares with prior year's sales of $344 million and earnings of $0.17 per share and represents increases of at least 29% and 47%, respectively. The company also expects fiscal year 2006 sales of about $2.1 billion and earnings per share of at least $1.25.
Leading American marketer Coach, which has headquarters in New York of fine accessories and gifts for women and men, including handbags, women's and men's small leathergoods, business cases, weekend and travel accessories, footwear, watches, outerwear, sunwear, and related accessories.
Coach is sold worldwide through Coach stores, select department stores and specialty stores, through the Coach catalogue in the U.S. by visiting website.
The audio portion of the presentation will be webcast live and archived for a period of five business days and is available to the general public. To access the live audio portion of the presentation, log onto: www.coach.com/investors.
It should be noted that in late August, the company announced contract extensions for three senior executives - Lew Frankfort, Reed Krakoff and Keith Monda - and provided a business update via press release. At that time the company noted that its first quarter results were tracking ahead of plan and raised its guidance for first fiscal quarter as well as for the full fiscal year.
The company expects that fiscal first quarter sales and earnings for the period ending October 1, 2005 will increase to at least $445 million and $0.25 per diluted share, respectively. This compares with prior year's sales of $344 million and earnings of $0.17 per share and represents increases of at least 29% and 47%, respectively. The company also expects fiscal year 2006 sales of about $2.1 billion and earnings per share of at least $1.25.
Leading American marketer Coach, which has headquarters in New York of fine accessories and gifts for women and men, including handbags, women's and men's small leathergoods, business cases, weekend and travel accessories, footwear, watches, outerwear, sunwear, and related accessories.
Coach is sold worldwide through Coach stores, select department stores and specialty stores, through the Coach catalogue in the U.S. by visiting website.
Coach Inc
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
