Coach's Q1 Sales, Income Jump

Share this article:
Net sales totaled $258.4 million in the fiscal first quarter ended Sept. 27, Coach Inc. reported yesterday, up 34 percent from $192.8 million in the same period of the previous year.


Net income skyrocketed 88 percent to $42.3 million compared with $22.5 million in the prior year. In the quarter, gross profit increased 43 percent to $187.9 million from $131.2 million a year ago.


Also reporting results Tuesday was Blair Corp., Warren, PA. Net sales during the third quarter totaled $124.1 million compared with $117.8 million in the same quarter last year. Net income amounted to $793,000 compared with $279,000 a year ago.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Wine.com Uncorks New Digital Marketing Opportunities

Wine.com Uncorks New Digital Marketing Opportunities

The online wine retailer's strategy incorporates different flavors and depths.

93% of Companies Are Ineffective at Cross-Channel Marketing

93% of Companies Are Ineffective at Cross-Channel Marketing ...

Companies point to a lack of resources as the most common reason for lackluster marketing integration, a study says.

Metal Mulisha Races Towards Customization

Metal Mulisha Races Towards Customization

The motocross apparel company boosts mobile and Web conversions through product recommendations and personalized search.