Coach shares reached its highest since 2007 on Tuesday after the luxury retailers trumped analyst expectations, posting a 34 percent growth in quarterly earnings. The brand's Chief Executive Lew Frankfort tells CNBC how they did it and what's in store for the future.
Stocks ended slightly higher, but remained at about the same place where they started Tuesday as investors held steady under a raft of earnings in anticipation of next week's elections and likely announcement of a new economic stimulus program from the Federal Reserve.
Stocks rose ahead of the market close Tuesday, led by consumer cyclical stocks. Stocks were pressured for most of the afternoon as investors held steady under a raft of earnings in anticipation of next week's elections and likely announcement of a new economic stimulus program from the Fed.
Plus, another name from the sector that Cramer says you must watch.
Stocks struggled to remain in positive territory Tuesday after a rise in consumer confidence offset disappointing reports on home prices and earnings.
Coach has confirmed that global luxury brands are in good shape. Coach reported astonishing numbers, well above expectations (gross margins of 74.2%!) with strength not just in Asia but also in the U.S.
U.S. stock index futures weakened Tuesday as investors digested a handful of mixed earnings reports and as the dollar made gains against the euro and yen.
How can investors capitalize on China’s growth? Jamie Cox, managing partner at Harris Financial Group, and Mike Holland, chairman at Holland & Company, shared their best plays.
If these companies react well to what the president says during his CNBC town hall appearance on Monday, then it could be clear skies ahead. If not…
Things are getting better, Cramer said Thursday.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
Vanity’s a real moneymaker. And that’s why these two high-end retail plays work.
This fashion play may be just the thing you need to punch up that homely portfolio.
Cramer makes the call on viewers' favorite stocks.
Stocks ended lower Tuesday, led by consumer discretionary and materials, amid disappointment in the latest round of earnings and economic reports. Pfizer rose, but P&G fell.
While wary consumers have been tightening their purse strings this year, leather goods maker Coach experienced a sales pickup by offering lower price points and targeting rapid expansion in China, according to CEO Lew Frankfort.
Here's a roundup of corporate earnings reports for Tuesday. Aug. 3.
The monthly sales reports will be issued by car makers throughout the day and are expected to show an annualized selling rate of 11.4 million vehicles, up from 11.1 million last month.
The Mad Money host sends an ominous message and lists what earnings to watch next week.
With store expansion on the back burner, retailers are turning to fresh avenues for growth, betting that their brand equity will carry over to new product categories.