Coach'S High Performance Has Many Opportunities In The Logo Era.

Coach, which had not released its earnings for some time, was repeatedly valued by the investment bank, and Coach, which issued its three quarter financial results, was indeed enhanced by the investment bank's wish.

It is to focus on the layout of the global market. Fortunately, the luxury market is just the right moment to add another boost to the strong momentum of the brand.

It is reported that in the three quarter ended March 26, 2016, the net sales volume of Coach recorded a double-digit increase of 13% to 1 billion 3 million US dollars, compared with 92 million 900 thousand US dollars in the same period of last fiscal year, it had strong sales performance.

The earnings per share diluted by 11% increased to $0.44.

Group's three quarter

Compared to the previous fiscal year, there was also a good performance. The same period last fiscal year was $66 million 500 thousand, while the gross profit margin of the three quarter was $71 million 300 thousand. However, in the three quarter of the same period, the gross profit margin of the group declined slightly to 69% in the same fiscal year.

Operating earnings recorded a strong increase of $12 million 400 thousand, compared with $10 million in the same period last year, and the diluted earnings per share rose to $0.44 from 0.36 US dollars in the same period of the previous fiscal year.

Since 2015, Coach's design has been upgraded from the original large-area printing and eye-catching Logo to the most popular small Logo layout in the post Logo era. At the same time, the newly designed lattice strikes color.

Obviously younger.

Resonance, to a certain extent, brings favorable sales performance to the group's income.

Group CEO said that the development of the next 2017 fiscal year will focus on integrating the combinations of various markets so as to smooth through the current economic slowdown, and at the same time, the layout of the Japanese market will be upgraded and optimized.

Group CEO said that the performance of Coach in the three quarter was in line with group expectations. Meanwhile, strong tourist consumption contributed to the impressive sales performance in the three quarter. As the main market, the US and Chinese market still had tremendous growth power, and Japan's potential as a new Asian market can not be ignored.