Posts tagged: North Idaho retailers
Sandpoint's Coldwater Creek released earnings numbers on Wednesday for the fourth quarter and fiscal year.
The basics: Fourth quarter produced a loss of $12.8 million, compared to a loss one year ago of $34.7 million.
For the 12 months ending Jan. 28, the loss was $99 million, versus $44.1 million for the previous fiscal year.
See a more detailed summary of the numbers in Thursday's Spokesman-Review at at Spokesman.com.
A few weeks ago Sandpoint-based clothing retailer Coldwater Creek (CWTR) was facing possibly delisting from the Nasdaq Exchange as its stock price dipped below $1.
Since then the stock has held steady and got to $1.13 last week.
As of market close on Wednesday, Coldwater was trading at $1.14 per share, a slight drop from the day's high of $1.20.
The company is reporting quarterly earnings in two weeks, and will likely discuss marketing and inventory options going into this year's important holiday season.
We have only three words for Coldwater Creek: hang in there.