The New York-based company posted net income of US$252.3 million for the second quarter ended December 29, up from $227.5 million a year earlier. Net sales rose to $978 million from $805.6 million. Sales at North American stores which have been open for at least a year rose 7%.
Coach forecast twelve-month sales of ‘at least $3.15 billion’, down from the $3.17 billion forecast earlier.