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Monday, October 22, 2012
Coach Loses Luster With Coupons Cited in Quest for Share
Wall Street is hedging its bets on Coach Inc. (COH) as the largest U.S. luxury handbag maker?s once- stellar growth falters. Coach?s fiscal first-quarter earnings report tomorrow may show that adjusted per-share profit growth slowed to about 3.4 percent from 16 percent a year earlier, according to the average of 28 analysts? estimates compiled by Bloomberg.
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