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Coach Is No Sad Sack

Alyce Lomax
January 25, 2011

Coach's (NYSE: COH  ) share price has been on a tear over the course of the last year, but it took a bit of a breather today. The handbag maker released second-quarter results that at least some investors found less than inspiring.

Second-quarter net income increased 25.7%, to $303 million, or $1.00 per share. Net sales increased 19%, to $1.26 billion. North American same-store sales surged by a strong 12.6%, and