A – Upscale leather goods maker and retailer Coach Inc reported better-than-expected quarterly results, helped by higher sales in North America.
Coach shares were up 9% in premarket trading.
Overall revenue rose 7% to $1.19 billion in the third quarter, beating the average analyst forecast of $1.18 billion, according to Thomson Reuters I/B/E/S.
Sales at stores open at least a year in North America, its biggest market by far, rose 1%.
Net income rose to $239 million, or 84 cents per share, for the quarter ended March 30 from $225 million, or 77 cents per share, a year earlier.
(Reporting by Siddharth Cavale in Bangalore; Editing by Sreejiraj Eluvangal)