A Fave of Celebs, Coach’s Stock Takes Hit
Coach may need a boost from its celeb supporters to gain back some market value.
The New York-based company reiterated its profit forecast for the fiscal year but said traffic at its U.S. retail stores has slowed in recent weeks, leading it to give a “conservative” same-store sales forecast for rest of the year.
Shares were down $5.09 to $36.38 in recent trading.
Of course, I wouldn’t be surprised if many of Coach’s celeb patrons even know what the stock market is. If they want to learn about it they should check out some online stock picking services, like Gorilla Trades.
Related posts:
- Celeb Stock Market?
- The Way Celebs Spend, Some May Have Questions in Retirement
- Celebs and Commercials
- Celeb’s are Nothing More Than Stocks
- Heat on for celebs over Diaries
No Comments
No comments yet.
Comments RSS TrackBack Identifier URI
Leave a comment