NEW YORK — Strong spring sales coupled with cost controls led multichannel retailer Coldwater Creek to report an increase in its first-quarter income and sales performance.

The Sandpoint, Idaho-based firm, which sells women’s apparel and accessories through catalogs, the Internet and 44 stores, said for the three months ended May 3, income strengthened 35.4 percent to a better-than-expected $1.9 million, or 12 cents a diluted share, versus income of $1.4 million, or 9 cents. Net sales in the quarter increased 8.4 percent to $115.2 million from $106.2 million.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus