Coldwater Creek’S Stock Price Surges

Fri., June 23, 2000

From Staff

Coldwater Creek’s stock price was up nearly $7 per share Thursday, following better than expected earnings.

At one point, the Nasdaq-traded stock topped $27.

The shares closed at $26.31, a 34 percent gain.

A number of analysts increased their recommendations to “buy” or “strong buy” when Coldwater Creek’s first quarter earnings exceeded their expectations. The women’s apparel and housewares retailer reported earnings of $3.6 million, or 34 cents per share, more than doubling last year’s first-quarter earnings of $1.6 million.

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Coldwater Creek’S Stock Price Surges

Jesse Tinsley

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Molly Quinn

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