Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.

After the Crash, Is It Game Over for Coach?

Coach (NYSE: COH  ) came out this morning and revealed that it had a "challenging" holiday quarter. Despite undeniable weakness in today's numbers, the knee-jerk reaction from the market feels a bit excessive. Coach's headaches seem much more the product of a weak retail environment than evidence of any sort of company deficiency.

Yet there is no denying that it's a tough time to be a luxury retailer. Coach may not deserve this sell-off, but that may not make it a buy today. If you're looking for something a bit safer in today's environment, you might want to check out the stock that The Motley Fool's chief investment officer has selected as his No. 1 stock for the next year. Find out which stock it is in our brand-new free report: "The Motley Fool's Top Stock for 2013." I invite you to take a copy, free for a limited time. Just click here to access the report and find out the name of this under-the-radar company.

Read/Post Comments (5) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On January 23, 2013, at 11:15 AM, ctrivermouth wrote:

    Thanks for your perspective Austin! Have to agree with your long term view...

  • Report this Comment On January 23, 2013, at 11:27 AM, SALTARELLO wrote:

    you guys from Motley Fool missed on this one, COACH a core stock was your recomendation since some months ago, come on!

  • Report this Comment On January 23, 2013, at 11:59 AM, DrGoldin wrote:

    I do kind of agree with this opinion, but there's one thing I would have wanted to hear more about: Coach's admission that they're facing more competition.

  • Report this Comment On January 23, 2013, at 12:01 PM, EquityBull wrote:

    3% miss on EPS. 18% hit on the shares. Seems proportional and rational to me

  • Report this Comment On January 23, 2013, at 1:07 PM, JohnCLeven wrote:

    Increased my COH position by 66% today. I think this brand is stronger than people give it credit for, and that COH is a solid LT buy. Only time will tell.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2210478, ~/Articles/ArticleHandler.aspx, 5/25/2015 5:42:11 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...