Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Coach Inc    COH

COACH INC (COH)
Mes dernières consult.
Most popular
  Report  
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

COACH, INC. (NYSE:COH) Files An 8-K Termination of a Material Definitive Agreement

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/11/2017 | 10:40pm CEST

COACH, INC. (NYSE:COH) Files An 8-K Termination of a Material Definitive AgreementItem 1.02 Termination of a Material Definitive Agreement

On July 11, 2017, Coach issued a press release announcing the consummation of the Merger. The press release is attached as Exhibit99.2 hereto and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of Business Acquired.

The required financial statements for Kate Spade called for by Item 9.01(a) were included in the Current Report on Form 8-K filed by Coach with the SEC on May 31, 2017 and are incorporated herein by reference.

(b) Pro Forma Financial Information.

The required pro forma financial information called for by Item 9.01(b) was included in the Current Report on Form 8-K filed by Coach with the SEC on May 31, 2017 and is incorporated herein by reference.

(d) Exhibits.

The following exhibits are filed as part of this current report:

EXHIBIT

NUMBER

EXHIBIT DESCRIPTION

99.1

Agreement and Plan of Merger, dated as of May 7, 2017, by and among Kate Spade & Company, Coach, Inc., and Chelsea Merger Sub Inc. (incorporated by reference to Exhibit 2.1 to the Quarterly Report for the Quarterly Period Ended April 1, 2017, on Form 10-Q filed by Coach, Inc. with the Securities and Exchange Commission on May 10, 2017).

99.2

Press Release of Coach, Inc., dated July 11, 2017.

99.3

The historical audited consolidated financial statements of Kate Spade & Company at December 31, 2016 and January 2, 2016 and for the three fiscal years ended December 31, 2016, January 2, 2016 and January 3, 2015 (incorporated by reference to Exhibit 99.1 to the Current Report on Form 8-K filed by Coach, Inc. with the Securities and Exchange Commission on May 31, 2017).

99.4

The historical unaudited condensed consolidated financial statements of Kate Spade & Company at April 1, 2017, December 31, 2016 and April 2, 2016 and for the three months ended April 1, 2017 and April 2, 2016 (incorporated by reference to Exhibit 99.2 to the Current Report on Form 8-K filed by Coach, Inc. with the Securities and Exchange Commission on May 31, 2017).

99.5

Unaudited pro forma condensed combined financial statements of Coach, Inc., giving effect to the acquisition of Kate Spade & Company and related financing transactions, as of and for the nine months ended April 1, 2017 and for the fiscal year ended July 2, 2016 (incorporated by reference to Exhibit 99.3 to the Current Report on Form 8-K filed by Coach, Inc. with the Securities and Exchange Commission on May 31, 2017).

COACH INC ExhibitEX-99.2 2 s001780x2_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2   FOR IMMEDIATE RELEASE CONTACT: Coach: Analysts & Media: Andrea Shaw Resnick Global Head of Investor Relations and Corporate Communications 212/629-2618/[email protected] Christina Colone Senior Director,…To view the full exhibit click here
About COACH, INC. (NYSE:COH)
Coach, Inc. (Coach) is a design house of luxury accessories and lifestyle collections. The Company’s product offering uses a range of leathers, fabrics and materials. Its segments include North America, International and Stuart Weitzman. The North America segment includes sales of Coach brand products to North American customers through Coach-operated stores (including the Internet) and sales to North American wholesale customers. The International segment operates department store concession shop-in-shop locations and retail and outlet stores, as well as e-commerce Websites. The Stuart Weitzman segment includes sales across the world generated by the Stuart Weitzman brand, primarily through department stores in North America and international locations, and within Stuart Weitzman operated stores (including the Internet) in the United States, Canada and Europe. Its product offerings include women’s and men’s bags, ready-to-wear, including outerwear, watches, fragrance and jewelry.

The post COACH, INC. (NYSE:COH) Files An 8-K Termination of a Material Definitive Agreement appeared first on Market Exclusive.

© Market Exclusive 2017, source Market Exclusive

Stocks mentioned in the article
ChangeLast1st jan.
KATE SPADE & CO 0.00% 18.49 Delayed Quote.0.00%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on COACH INC
05/23Ralph Lauren racks up earnings beat, shares jump 16 percent
RE
05/21TAPESTRY : Stuart Weitzman creative director Morelli resigns
RE
05/21TAPESTRY : Announces Departure of Stuart Weitzman Creative Director
BU
05/17TAPESTRY, INC. : Declares Quarterly Cash Dividend
BU
05/09TAPESTRY : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESUL..
AQ
05/03Amazon Loosens Its Grip on Retail Stocks
DJ
05/02TAPESTRY : Is now the time to buy, sell, or hold Apple, Advanced Micro Devices, ..
PR
05/02S&P 500 climbs on trade talk optimism, dollar positive for 2018
RE
05/01Seagate, Pfizer and Cummins skid while AbbVie jumps
AQ
05/01TAPESTRY : Maker of Coach Handbags Suffers as It Digests Acquisitions -- 2nd Upd..
DJ
More news
News from SeekingAlpha
2017Coach to delist in Hong Kong 
2017Which U.S. Retailers Are Poised For Long-Term Health? 
2017Coach on the move after Barron's call-out 
2017Teenagers pick their favorite brands 
2017Coach to change its name to Tapestry, Inc. 
Financials ($)
Sales 2018 5 861 M
EBIT 2018 991 M
Net income 2018 347 M
Debt 2018 433 M
Yield 2018 3,02%
P/E ratio 2018 36,84
P/E ratio 2019 15,46
EV / Sales 2018 2,26x
EV / Sales 2019 2,11x
Capitalization 12 840 M
Chart COACH INC
Duration : Period :
Coach Inc Technical Analysis Chart | COH | US1897541041 | 4-Traders
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 55,9 $
Spread / Average Target 25%
EPS Revisions
Managers
NameTitle
Victor Luís Chief Executive Officer & Director
Todd Kahn President, Secretary & Chief Accounting Officer
Olajide James Zeitlin Non-Executive Chairman
Andrea Shaw Resnick CFO, Global Head-IR & Corporate Communications
Ivan M. Menezes Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
COACH INC16.16%12 840
INDITEX - INDUSTRIA DE DISEÑO TEXTIL-5.04%100 115
KERING23.74%72 258
FAST RETAILING CO LTD4.94%47 586
ROSS STORES2.09%31 177
ZALANDO3.07%13 416