Coach Reports Fourth Quarter Earnings Per Share of $0.42, up 43%; Raises Guidance for FY08.

Business WireJuly 31, 2007

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Coach Reports Fourth Quarter Earnings Per Share of $0.42, up 43%; Raises Guidance for FY08.

Increases FY08 Guidance to At Least $2.06; Up 22% from FY07

NEW YORK -- Coach, Inc. (NYSE: COH), a leading marketer of modern classic American accessories, today announced a 43% increase in earnings per diluted share on a continuing operations basis for its fourth fiscal quarter ended June 30, 2007. For the full fiscal year, earnings per share increased to $1.69, up 41% versus the prior fiscal year on the same continuing operations basis.

During the fourth quarter, net sales were $652 million, 30% higher than the $502 m...

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