Coach Inc. (COH) reported first quarter net income of $0.77 per share Tuesday morning, up from $0.73 per share last year. The consensus estimate was for EPS of $0.76. The company also announced that its Board of Directors has authorized the repurchase of up to $1.5 billion of its outstanding common stock by June 30, 2015.
Coach gapped open higher Tuesday morning, but traded in a range for the bulk of the session. The stock closed up by 3.98 at $58.15 on above average volume. Coach rose above a range and set a 1-month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.