By  on April 23, 2013

NEW YORK — Shares of Coach Inc. rose 9.8 percent after the firm posted third-quarter results, reflecting a bounce-back from the second quarter’s results, which were impacted in part by sagging holiday demand.

According to Lew Frankfort, chairman and chief executive officer, in a telephone interview, the latest quarterly results also reflect improved consumer sentiment about where the economy is headed. In January 2008, Frankfort was among the first to call the pull-back a “consumer-led recession.”

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