Coldwater Creek (CWTR) cuts Q4 loss guidance to $0.70 - $0.80 per share, versus previous...
Monday, January 14, 4:32 PM ETColdwater Creek (CWTR) cuts Q4 loss guidance to $0.70 - $0.80 per share, versus previous estimates of a loss of $0.61, due to flat premium store sales. The company blames the shortfall on holiday results that were negatively impacted by weak traffic in both early November and early December, due largely to macro-economic issues impacting customer shopping behavior. Shares -13% AH.
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