American Coach year sales up 15%

Purses and accessories brand Coach Company has announced first quarter sales of $ 1.05 billion (equivalent to 656 million pounds), with the same period last year sales of $ 912 million (equivalent to 570 million pounds) compared this year rose 15%.(Coach).

Kou hereby Chairman and CEO Lew Frankfort said this quarter to obtain a quite remarkable achievement, and also reaction to our brand positioning and strength, as well as instructions the product range has good development potential.
During this period, diluted earnings per share of $ 0.73 (equivalent to 0.46 pounds), the amount of net income totaled $ 215 million (equivalent to 134 million pounds).

However, the first quarter of 2010, diluted earnings per share of $ 0.63 (equivalent to 0.39 pounds), and its net income of $ 189 million (equivalent to 118 million pounds), compared to higher.