Coach second quarter earnings rise 11 percent

Net sales totaled 1.32 billion dollars at Coach, for the second fiscal quarter, representing an increase of 4 percent over prior year on a reported basis, including a benefit of 40 basis points related to currency translation. On a non-GAAP basis, net income for the quarter totaled 211 million dollars compared to 189 million dollars a year ago, an increase of 12 percent, with earnings per diluted share of 0.75 dollar, up 11 percent versus prior year.