Business Context and Reporting Period
Company: Coach, Inc. (Note: Filing header references TAPESTRY, INC. in metadata, but document text identifies Coach, Inc.)
Filing Type: Form 8-K (Current Report)
Date of Report: February 1, 2005
Event: Amendment to Articles of Incorporation to authorize a stock split.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document is a corporate governance report regarding capital structure changes.
Material Changes
- Authorized Share Increase: The Company increased the number of authorized common shares from 500,000,000 to 1,000,000,000.
- Stock Split Approval: The Board of Directors approved a two-for-one split of common stock on January 24, 2005.
- Effective Dates: The split is effective April 4, 2005, for holders of record as of March 21, 2005.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The sole purpose is to disclose the amendment to the corporate charter.
Investor Verification Checklist
- Verify the record date of March 21, 2005, to determine eligibility for the two-for-one stock split.
- Confirm the effective date of April 4, 2005, for the adjusted share count.
- Review the Articles of Amendment (Exhibit 99.1) for any additional provisions regarding the authorized share increase.