Earnings: Coldwater Creek
Sandpoint women’s apparel retailer
| Stock symbol: CWTR |
| Reporting period: 1Q |
| Earnings:
Loss of $19.4 million (63 cents per share)
Versus 2012 1Q: Loss of $23.8 million (78 cents per share) |
| Revenue: $155.7 million
Compared with $169.9 million 2012 1Q |
| Analysis: Results were affected by unseasonable weather, said CEO Jill Dean. “We were able to more than offset softer-than-expected sales through gross margin rate expansion and disciplined expense management, delivering results consistent with the higher end of our expectations,” she said in a release.
The company also continued to close some retail stores, part of long-term strategy. |
Thank you for visiting Spokesman.com. To continue reading this story and enjoying our local journalism please subscribe or log in.
You have reached your article limit for this month.
Subscribe now and enjoy unlimited digital access to Spokesman.com
Unlimited Digital Access
Stay connected to Spokane for as little as 99¢!
Subscribe for access
You have reached your article limit for this month.
Subscribe now and enjoy unlimited digital access to Spokesman.com
Unlimited Digital Access
Stay connected to Spokane for as little as 99¢!
Subscribe for access
Oops, it appears there has been a technical problem. To access this content as intended, please try reloading the page or returning at a later time. Already a Spokesman-Review subscriber? Activate or Log in