Coach drops 5.5 percent on second-quarter profit warning

NEW YORK (Reuters) - Shares of retailer Coach Inc (COH.N) dropped 5.5 percent to $19.75 after the bell on Thursday after the company issued a warning on its second-quarter profit outlook.

The upscale leather retailer also said its second-quarter sales fell 2 percent and it would no provide earnings per share forecasts for 2009.

(Reporting by Deepa Seetharaman)