Coach Posts Hefty Sales, Profits

  • August 3, 2010

Some consumers may be worried about the faltering recovery, but not the ones who like handbags: Coach says its fourth-quarter sales jumped 22% to $951 million, up from $778 million reported in the same period last year.

And net income took a 34% hop to $196 million from $146 million reported for the prior year.

The New York-based company says it saw its market share increase in each of its geographical regions, including China, where sales doubled.

 

Next story loading loading..