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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.

 

 

About Steve Johnson

Steve Johnson was previously writing news on part time basis with many consumer goods websites. Now Steve Johnson is writing columns with us on consumer goods. He has no match the way he presents the news on consumer goods. Customers like his news, analysis and predictions.

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