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Coach Reports Second Quarter Earnings Per Share of $0.72 Excluding Transformation Actions and Acquisition Costs; $0.66 on a GAAP Basis; Streamlines North America Leadership

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NEW YORK--(BUSINESS WIRE)--Coach, Inc. (NYSE:COH) (SEHK:6388), a leading New York design house of modern luxury accessories and lifestyle collections, today announced sales of $1.22 billion for its second fiscal quarter ended December 27, 2014, compared with $1.42 billion reported in the same period of the prior year, a decrease of 14%. On a constant currency basis sales declined 12% for the quarter. Net income for the period totaled $200 million, with earnings per diluted share of $0.72, exclu

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