Michael Kors pointed to lower tourist traffic, weak watch demand and shipping delays due to West Coast port disruptions for its earnings miss. About 4.73 million shares of Coach have exchanged hands as of 10:59 a.m. ET today, compared to its average trading volume of about 4.05 million shares a day. New York City-based Coach is a design house of modern luxury accessories and lifestyle collections, offering premium lifestyle accessories to a loyal and engaged customer base and provides consumers with products that use a broad range of leathers, fabrics and materials. Separately, TheStreet Ratings team rates COACH INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate COACH INC (COH) a HOLD.