- The ‘COH bough KATE on the cheap’ call is consensus. #fact
- There’s a lot more meat on the bone.
- We’d argue (and will do so on Thursday – quantitatively) that numbers next year are low by 30%.
- We’re in a world where the 20x p/e stock is dead in the water. We should either have 30x+ p/e or 6x.
- The COH return profile is accelerating and will likely get something closer to 30x on a 30% earnings beat. There’s your $80 stock.
We’re hosting a Black Book tomorrow on Best Idea Long COH.
We’re drilling down and bridging all the Revenue, Gross Margin and SG&A puts and takes ahead of the print…and are outlining why we think COH is setting up for its biggest multi-quarter beat since the brand rolled in 2006.
Call Details:
Time: Thursday, July 27th, 11AM
Toll Free:
Toll:
UK: 0
Confirmation Number: 13664621
Live Video Link: CLICK HERE
