Coldwater Creek losses more than double last year’s
Stock symbol: CWTR |
Reporting period: 3Q |
EARNINGS:
Loss of $29.2 million (31 cents per share)
Versus 3Q 2010: Loss of $10.9 million (12 cents per share) |
REVENUE: $187.5 million, down from $232.4 million in 3Q 2010 |
aNALYSIS: Revenue from premium and outlet stores and day spas fell 17 percent, including a 20 percent drop at premium stores open at least a year. Revenue from online, phone and mail orders dropped 25 percent to $43.3 million from $58.1 million. |