Coldwater Creek (CWTR +3.2%) reverses an early 7.6% loss after telling investors this morning...

|About: Coldwater Creek, Inc. (CWTR)|By:, SA News Editor

Coldwater Creek (CWTR +3.2%) reverses an early 7.6% loss after telling investors this morning its Q2 loss will be at the high end of its previous guidance. It apparently ran short of merchandise: "The strong sell through of our summer collection resulted in very lean inventory levels that limited our ability to drive sales during our quarterly sale event."