Coldwater Creek Announces Fourth Quarter and Fiscal 2009 Results
Coldwater Creek Inc. (Nasdaq: CWTR) today reported financial results for the three-month and twelve-month periods ended January 30, 2010.
Fourth Quarter 2009 Operating Results
-- Net sales were $318.4 million, compared with $283.2 million in the fiscal 2008 fourth quarter. Sales from the retail segment, which includes the Company's premium retail stores, outlet stores, and day spa locations, were $221.0 million versus $199.7 million in the fiscal 2008 fourth quarter. Comparable premium store sales increased 8.9 percent in the fourth quarter versus the fourth quarter of fiscal 2008. Direct sales (phone and internet) were $97.3 million, compared with $83.5 million in the same period last year.
- Published: 04 March 2010
- Written by Editor