NEW YORK (TheStreet) -- Coach (COH) stock is retreating by 5.55% to $30.63 in afternoon trading on Monday, before the company's fiscal 2016 second quarter financial report, due out before the market open on Tuesday.

The handbag and accessories retailer is expected to report a year-over-year drop in earnings per share, but a 4.9% increase in revenue.

Analysts have estimated for earnings of 67 cents per share on revenue of $1.28 billion for the latest quarter.

Last year, Coach posted earnings of 72 cents per share on $1.22 billion in revenue for the quarter ended December 27, 2014.

"[F]ull price in North America is expected to lead top line recovery for COH, with outlet following suit—we think traffic in full price especially is inflecting," Oppenheimer said in an analysts note last week.

Analysts believe Coach is performing better than its competitors, Michael Kors Holdings (KORS) and Kate Spade & Co. (KATE), in part because the company had fewer promotional days during the latest holiday season.

TheStreet Recommends

Separately, TheStreet Ratings has a "hold" rating and a letter grade of C on Coach because of the company's reasonable valuation levels, largely solid financial position, expanding profit margins, deteriorating net income, weak operating cash flow and disappointing return on equity.

You can view the full analysis from the report here: COH

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

Image placeholder title

COH

data by

YCharts