Coupons helped Coach Inc. get its mojo back in the first quarter — and Wall Street rode along.
Shares of the handbag and accessories maker were up 7.4 percent to $58.15 Tuesday after the company said a return to coupons in its U.S. outlet business and a strengthening in China helped it narrowly beat Wall Street’s quarterly earnings estimate. The stock stood out on a bad day in the market, where quarterly results from other companies and economic worries pushed the Dow Jones Industrial Average down 1.8 percent, or 243.28 points, to 13,102.61.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)