NEW YORK — Coach Inc.’s financial results are as hot as its handbags.

The New York-based leather goods company said Tuesday its net income skyrocketed 72.6 percent to $29.9 million, or 32 cents a diluted share, for the fourth quarter ended June 28, compared with $17.3 million, or 19 cents, in the same period last year. Results were ahead of its own expectations as well as Wall Street’s forecast of 30 cents a share.

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