Deutsche Bank Maintains Hold Rating on Coach

According to Deutsche Bank, Coach

Hold rating is maintained. Deutsche Bank said that COH is to release its Q2 results on January 24, pre market open and will host a conference call at 8:30 am EST on that day. “We expect Q2 to show robust trends: total sales of $1,433m up 14.1% yoy, operating profit of $510m up 12.6%, and diluted EPS of $1.17 or +17.6% yoy.” Coach closed yesterday at $64.55.