Company News For August 16, 2017

TJX VFC DKS

·         Coach Inc.’s shares plummeted 15% after the company reported fourth quarter net sales of $1,133.8 million, down about 1.8% year- over-year

·         Shares of VF Corp. (VFC - Free Report) rose 0.6% after it entered into an agreement with Williamson-Dickie Manufacturing Co. to buy the workwear maker for $820 million in cash

·         TJX Co.’s (TJX - Free Report) rose 0.8% after posting second quarter adjusted earnings of $0.85 per share surpassing the Zacks Consensus Estimate of $0.84

·         Shares of Dick’s Sporting Goods Inc. (DKS - Free Report) plummeted 23% after the posting second quarter earnings per share of $0.96, missing the Zacks Consensus Estimate of $1.00

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