CG Stocks in the Rumor! Coach Inc (COH), Harley-Davidson Inc (HOG)
Shares of Coach Inc (NYSE:COH) ended Monday session in green amid volatile trading. The shares closed up +0.17 points or 0.48% at $35.89 with 6.07 million shares getting traded. Post opening the session at $35.70, the shares hit an intraday low of $35.58 and an intraday high of $36.16 and the price vacillated in this range throughout the day. The company has a market cap of $10.12 billion and the numbers of outstanding shares have been calculated to be 280.31 million shares.
On Tuesday, November 1, 2016 at 8:30 a.m. (ET), Coach, Inc. (COH) (6388.HK) will hold a conference call to discuss the company’s first quarter results and strategic initiatives, which will be reported via press release earlier that morning.
To listen to the call, please dial: 1-888-405-2080 or 1-210-795-9977 and request the Coach earnings call led by Andrea Shaw Resnick. To listen to the audio webcast, go to www.coach.com/investors on the Internet. A telephone replay will be available for five business days beginning at 12:00 noon (ET) on November 1st. To access the replay, please call 1-866-352-7723 or 1-203-369-0080.
Shares of Harley-Davidson Inc (NYSE:HOG) ended Monday session in green amid volatile trading. The shares closed up +0.95 points or 1.69% at $57.02 with 4.98 million shares getting traded. Post opening the session at $56.36, the shares hit an intraday low of $55.79 and an intraday high of $58.35 and the price vacillated in this range throughout the day. The company has a market cap of $10.30 billion and the numbers of outstanding shares have been calculated to be 178.80 million shares.
Harley-Davidson Inc (HOG) third quarter 2016 diluted earnings per share decreased 7.2 percent to $0.64 compared to diluted EPS of $0.69 in the same period in 2015. Net income was $114.1 million on consolidated revenue of $1.27 billion compared to net income of $140.3 million on consolidated revenue of $1.32 billion in the third quarter of 2015.
Harley-Davidson worldwide retail motorcycle sales in the third quarter were down 4.5 percent, primarily on weak U.S. industry trends. Harley-Davidson retail motorcycle sales in the U.S. were down 7.1 percent compared to the year-ago quarter, with the overall U.S. industry also down for the same period. Harley-Davidson’s U.S. market share for the quarter was 52.3 percent in the 601cc-plus segment, essentially flat compared to the third quarter in 2015. Harley-Davidson international retail sales increased by 1.0 percent over the prior year quarter.