| Address:
|
516 WEST 34TH ST
|
| City: |
NEW YORK |
|
State: |
NY |
|
Zip Code: |
10001 |
| Telephone: |
212-594-1850 |
|
Description of Business
|
Primary SIC Code:
3100 |
| (As filed with the SEC)
|
|
|
Founded in 1941, Coach was acquired by Sara Lee Corporation ("Sara Lee") in
1985. In June 2000, Coach was incorporated in the state of Maryland. In October
2000, Coach was listed on the New York Stock Exchange and sold approximately 68
million shares of common stock, split adjusted, representing 19.5% of the
outstanding shares. In April 2001, Sara Lee completed a distribution of its
remaining ownership in Coach via an exchange offer, which allowed Sara Lee
stockholders to tender Sara Lee common stock for Coach common stock.
In June 2001, Coach Japan was formed to expand our presence in the Japanese
market and to exercise greater control over our brand in that country. Coach
Japan was initially formed as a joint venture with Sumitomo Corporation. On July
1, 2005, we purchased Sumitomo's 50% interest in Coach Japan, resulting in Coach
Japan becoming a 100% owned subsidiary of Coach, Inc. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 3.20 | 0.225 | 19.08 | | 09/2011 | 3.02 | 0.225 | 17.16 | | 06/2011 | 2.92 | 0.225 | 21.89 | | 03/2011 | 2.88 | 0.150 | 18.07 | | 12/2010 | 2.76 | 0.150 | 20.04 | | 09/2010 | 2.52 | 0.150 | 17.05 | | 06/2010 | 2.33 | 0.150 | 15.69 | | 03/2010 | 2.14 | 0.075 | 18.47 |
Key Financial Ratios and Statistics |
FYE:
07/02 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.44 | Total Liab/Total Assets | 0.39 | | Net Inc/Total Assets | 0.33 | Total Liab/Inv Cap | 0.50 | | Net Inc/Inv Cap | 0.43 | Total Liab/Comm Equity | 0.51 | | Pretax Inc/Net Sales | 0.31 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.21 | Curr Debt/Equity | 0.00 | | Cash Flow/Net Sales | 0.25 | LTD/Equity | 0.01 | | SG&A/NetSales | 0.41 | Total Debt/Equity | 0.01 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 19.65 | Quick Ratio | 1.74 | | Inventory Turnover | 2.89 | Current Ratio | 2.45 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.16 | | Net Sales/Work Cap | 4.84 | Inv/Curr Assets | 0.29 | | Net Sales/PP&E | 7.14 | | |
Income Statement (Millions) |
| |
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
1,050.36
|
1,031.68
|
950.71
|
1,264.46
|
|
Cost of Goods Sold
|
285.71
|
291.14
|
259.05
|
349.28
|
|
Selling & Admin Exps
|
442.69
|
428.45
|
437.82
|
461.84
|
|
Operating Income
|
321.97
|
312.09
|
253.84
|
453.34
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
320.60
|
310.69
|
253.00
|
452.44
|
|
Other Income
|
-1.48
|
-1.67
|
-1.13
|
-1.12
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
214.98
|
202.48
|
186.02
|
303.43
|
|
Assets
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
847.98
|
702.04
|
886.16
|
939.83
|
|
Receivables - Total
|
153.06
|
236.80
|
131.73
|
180.58
|
|
Inventories - Total
|
519.59
|
421.83
|
391.44
|
367.41
|
|
Total Current Assets
|
1,689.15
|
1,452.39
|
1,562.40
|
1,622.62
|
|
Net Property, Plant & Equipment
|
586.91
|
582.35
|
552.84
|
541.47
|
|
Total Assets
|
2,878.08
|
2,635.12
|
2,721.87
|
2,794.67
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
630.57
|
592.22
|
549.24
|
565.37
|
|
Debt in Current Liabilities
|
0.80
|
0.80
|
0.79
|
27.91
|
|
Total Current Liabilities
|
631.37
|
593.02
|
550.03
|
593.27
|
|
Long-Term Debt
|
23.26
|
23.36
|
23.45
|
23.55
|
|
Total Liabilities
|
1,061.58
|
1,022.55
|
979.21
|
1,056.21
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
2.91
|
2.89
|
2.93
|
2.96
|
|
Retained Earnings
|
-354.97
|
-445.65
|
-202.38
|
-151.76
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
1,816.50
|
1,612.57
|
1,742.66
|
1,738.46
|
|
Total Liabilities and Stockholders' Equity
|
2,878.08
|
2,635.12
|
2,721.87
|
2,794.67
|
Cash Flow Summary (Millions) |
|
Categories
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
224.97
|
220.65
|
227.41
|
407.76
|
|
Net Cash Provided by Investing Activities
|
-38.49
|
12.77
|
36.40
|
-94.28
|
|
Net Cash Provided by Financing Activities
|
-42.51
|
-348.46
|
-235.12
|
-151.25
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 07/2007 | 2,612.46 | 663.66 | 1.69 | | 07/2008 | 3,180.76 | 783.06 | 2.17 | | 07/2009 | 3,230.47 | 623.37 | 1.91 | | 07/2010 | 3,607.64 | 734.94 | 2.33 | | 07/2011 | 4,158.51 | 880.80 | 2.92 | | Growth Rates | 12.32 | 7.33 | 14.65 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 688 | 259,481 | 88.92 |
|
Report Date :
2/6/2012
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