It's Tuesday, April 29th. Welcome to Market Foolery. I'm Mark Reith and joining me in studio

from Million Dollar Portfolio Mike Olson and from Motley Fool 1, Jason Moser.

Gentlemen, how's it going?

Hey hey, howdy?

Lots going on today, including earnings from 3D systems and a listener question about the future

of Apple, but we begin with earnings from Coach.

Shares of the high-end retailer are way down today.

The big reason for the drop was the 21% decline in comp sales in the U.S.

Which has been coach's biggest market.

Guys, why aren't people in the US buying more

coach bags can I just jump out in front of this and I want to I want to point out the

really funny like alfant in the room thing which might say that Victor

Luis the new CEO is a little oblivious. There's the negative 21% comps thing and he

brings up weather and the Easter holiday as contributing factors.

Guess what, you don't get a negative 21% comp

on a weekend shifts and you get a few stones.

Guys, it was really cold.

You gotta work for that.

Yeah, I think that's worthwhile, you know, calling that

out immediately because it's going to look really bad if in May when Coors reports, you know,

something like a positive 15 or 20% of the American

Comp. That's gonna that's gonna really really look bad but yeah I mean this

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