Charting Review on Coach and Deckers Outdoor: Do these Companies Have What it
LONDON, January 28, 2013
LONDON, January 28, 2013 /PRNewswire/ --
The holiday season posed a challenge to some companies in the footwear and
accessories industry as heightened competition made the environment
increasingly cutthroat. StockCall professionals have initiated preliminary
technical research on Coach Inc. (NYSE:COH) and Deckers Outdoor Corp.
(NASDAQ:DECK). These detailed charting and technical analysis are available
for free upon sign up at http://www.stockcall.com/analysis
What's more as a result of the recent increase in payroll tax, consumer
confidence lately reached its lowest level in three months, indicating that
challenges may persist into 2013's first quarter. Nevertheless, Coach Inc. and
Deckers Outdoor Corp. could turn in a solid year as the economies of the U.S.
and China continue to display positive signs.
During the most recent quarter, high-end retailer Coach Inc. saw sales abroad
soar, with Chinese operations enjoying a 40 percent increase. However, results
from its largest market, North America, disappointed with a 2 percent decline
in same-store sales. Overall the company reported net income of $353 million
compared to $347 million a year ago with sales of $1.50 billion, up 4 percent
year-over-year. Download your free report on Coach Inc. by registering for
free at http://www.StockCall.com/COH012813.pdf
Elsewhere in the industry, Deckers Outdoor Corp. seems focused on improving
and streamlining its growing global Direct-to-Consumer expansion. The company
is implementing the Oracle Retail suite. The company's Vice President of
Information Technology, Yul Vanek said in the release that implementing the
Oracle Retail suite has added much needed capabilities to the very core of
Deckers Outdoor business. This will support both regional and brand expansion,
according to him. He also added that these initiatives enabled a complete
transformation of how the company runs Retail. On the long-term, he declared
that eCommerce operations will be integrated. Sign up to access the free
report on Deckers Outdoor Corp. at http://www.StockCall.com/DECK012813.pdf
Deckers Outdoor has its earnings release scheduled on February 19 ^th .
Investors will soon see if this footwear and accessories company has what it
takes to tread confidently.
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