Flash ReportCoach (COH) 3Q16: International Division Weighs on Positive Results, Ambitious Margin Goal Coresight Research April 26, 2016 Executive Summary Coach reported third-quarter 2016 net sales of $1.0 billion, in line with the consensus estimate, and up 11.2% from last year’s $0.9 billion. Adjusted EPS was $0.44, including a contribution of $5 million, or $0.02 per share, from the acquired Stuart Weitzman brand. The company maintained its revenue growth guidance for low-single digits for the fiscal year (on a constant currency basis) and positive North American comps for the fourth quarter. The Stuart Weitzman brand is expected to contribute $340 million in revenue and add $0.12 to earnings per share. The Company also expects the operating margin for the Coach brand to reach about 20% by FY2017. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Sentiment, Tariffs and Inflation—How Is the US Shopper Reacting? US Consumer Survey InsightsSeasonal Shopping, 1Q25—Expectations for Valentine’s Day and Presidents’ Day: US Consumer Survey Insights ExtraSeasonal Shopping, 3Q25—Expectations for the Fourth of July, Labor Day, Amazon Prime Day: US Consumer Survey Insights ExtraSentiment Hits Four-Month Low as Higher-Income Confidence Weakens; Plus, Mass Merchandisers and Warehouse Clubs in Focus: US Consumer Survey Insights
