May 31, 2012 in Business

Earnings: Coldwater Creek Inc.

Sandpoint women’s clothing retailer
 
Stock symbol:

CWTR

Reporting period:

1Q

Earnings:

Loss of $23.8 million

(20 cents per share)

Versus: 1Q 2011

Loss of $30 million

(32 cents per share)

Revenue: $169.9 million

Analysts forecast revenue of $173 million

Analysis: The retailer cut costs by shutting 13 stores during the past year, upgrading some items, slicing marketing expenses and simplifying inventory.

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