NEW YORK — Virtually flat sales stemming from a calendar change and higher cost of goods equaled a second-quarter loss for Coldwater Creek Inc.

For the three months ended Aug. 31, the Sandpoint, Idaho-based multichannel retailer recorded a net loss of $650,000, or 6 cents a diluted share. That compares with last year’s profits of $1.3 million, or 12 cents. However, earnings per share did beat Wall Street forecasts by 1 cent.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus