Coach Inc. (COH) reported third quarter EPS of $0.68 Tuesday morning, down from $0.84 last year. Analysts expected EPS of $0.61. Net sales were $1.10 billion, a decrease of 7 percent from last year's $1.19 billion. Analysts estimated revenues of $1.13 billion.
Coach gapped open sharply lower Tuesday and is now down 4.30 at $46.12 on above average volume. The stock is now testing the lows of the year, trading at over a 2 1/2 month low.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.