NEW YORK (TheStreet) -- Coach (COH) shares have fallen nearly 7% after the upscale retailer reported worse-than-expected second-quarter earnings, according to TheStreet's Brittany Umar. 

The company reported $1.06 in earnings per share, below analysts' expectations of $1.11, Umar said. Revenue rang in at $1.42 billion, 5.6% lower than year-ago figures and below analysts' estimates of $1.49 billion. 

She added that sales in North America fell 9% to $983 million on lower store traffic. Worse yet, comp sales plunged 13.6% in the quarter. 

But there was one bright spot in the earnings report: China. 

Sales in the region jumped 25% during the period, Umar said, noting that considering the results, some investors may be relieved that shares only down about 7%. 

-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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