NEW YORK, Oct. 22, 2012
/PRNewswire/ -- Coach, Inc. (NYSE: COH $56) has been picked by S&P Capital IQ as its
Focus Stock of the Week. COH carries S&P Capital IQ's
highest investment recommendation of 5-STARS, or Strong Buy.
"We believe the company's broad merchandise assortment and
multi-channel distribution mitigates investment risk by appealing
to a wide spectrum of consumers spanning from the affluent to value
shoppers," said Jason Asaeda, equity
analyst at S&P Capital IQ. "Despite macroeconomic
headwinds in the U.S., Europe and
Asia, and increasing competition
from other American and European accessories brands, we expect
Coach to maintain sales momentum in fiscal year 2013 (June),
supported by its track record of delivering innovative products at
sharp price points."
To view a video of Mr. Asaeda discussing COH click on the
following link. Playback/Web Link
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