Coach Inc. (COH) reported third quarter net income of $0.84 per share Tuesday morning, up from $0.77 per share a year ago. The consensus estimate was for EPS of $0.81.
Coach has gapped open sharply higher Tuesday and is now up 5.03 at $55.62. The stock has jumped to a 3-month high and has re-crossed its 200-day moving average.
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