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. |