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Tuesday, July 31, 2012

Coach (COH) reported earnings Tuesday 31 July 2012

** charts before earnings **



** charts after earnings **


Shares drop 18%
Despite topping sales expectations for fiscal fourth-quarter, shares of high-end leather goods maker Coach Inc. (COH) traded lower after the company described fiscal 2013 as “an investment year” in which it will accelerate the acquisition of domestic-retail operations in key Asian markets, including those in Malaysia and Korea.

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