28 Apr '15, 11am

Handbag maker Coach's sales fall 15.5 pct - via @YahooFinance

April 28 (Reuters) - Coach Inc, the maker of Poppy handbags, reported a 15.5 percent decline in quarterly revenue as sales in North America, its biggest market, fell for the seventh straight quarter. The company's net income fell to $88.1 million, or 32 cents per share, in the third quarter ended March 28 from $190.7 million, or 68 cents per share, a year earlier. Revenue fell to $929.3 million from $1.10 billion. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Saumyadeb Chakrabarty) (([email protected]; within U.S. +1 646 223 8780,outside U.S. +91 80 6749 2405; Reuters Messaging:[email protected]) )

Full article: http://finance.yahoo.com/news/handbag-maker-coachs-sales-...

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