Coldwater Creek Increases Earnings
Coldwater Creek Inc., the Sandpoint-based catalog company, reported higher second-quarter earnings for the period ending Aug. 30.
Net sales for the second quarter increased to $36.4 million, compared with $15.8 million during the same quarter last year.
Net income for the second quarter was $415,000 compared to a pro forma net loss of $156,000 during the 1996 second quarter.
The company attributed the gain to increased number of customer lists and the opening of a retail store in Jackson Hole, Wyo., in June.
Earlier this year, the company made its first public offering and is now traded on the Nasdaq. , DataTimes