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Coldwater Creek, Inc. (CWTR)

- NASDAQ
CWTR is defunct.
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  • Dec. 11, 2013, 6:31 PM
    • Coldwater Creek (CWTR) shares reverse gains and are now down 10.8% AH following a mixed Q3 in which the retailer continued its struggle in a "highly competitive" retail environment.
    • The company closed 1 retail store, 1 factory store, and 1 spa in Q3, ending with 343, 36, and 7 respectively. Coldwater expects to close up to 10 more retail stores by the end of the fiscal year.
    • CEO Jill Dean observed: "In response to the disappointing performance of our fall merchandise, we took swift action early in the third quarter to adjust our holiday assortment, and we experienced a meaningful improvement in full-priced selling as holiday product flowed into stores starting in mid-October. During the quarter we also implemented a cost reduction program, which is expected to generate $20-$25 million in expense savings next year."
    • As of Nov. 2, cash totaled $6.8M, down from $31.3M in Oct. 2012, while inventory decreased 5.6% Y/Y (and 1.6% Y/Y per square foot) to $152.7M. The company burned $23M in operating cash in the past 3 quarters.
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  • Dec. 11, 2013, 4:07 PM
    • Coldwater Creek (CWTR): Q3 EPS of -$0.79 beats by $0.13.
    • Revenue of $154.5M misses by $5.56M. Shares +2.8% AH. (PR)
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  • Dec. 11, 2013, 12:10 AM
  • Dec. 10, 2013, 5:35 PM
  • Sep. 11, 2013, 9:08 AM
    • Coldwater Creek (CWTR) looks set for a rough session, falling 17.88% premarket on the heels of a Q2 miss.
    • Premium retail comps growth was -7.3% for the period and consolidated net sales (premium retail and direct) fell 8.5% Y/Y.
    • "Sales were lower than planned in the second quarter, largely due to a deceleration in traffic during the month of July," CEO Jill Dean says, adding that the company's "return to more consistent comparable store sales has been slower than expected."
    • Q3 outlook: Comps "down high-single digits," gross margin "flat to slightly down," net loss of $0.55-0.75/share against consensus of -$0.37. (PR)
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  • Sep. 10, 2013, 4:09 PM
    • Coldwater Creek (CWTR): Q2 EPS of -$0.72 misses by $0.09.
    • Revenue of $149.7M misses by $13.11M. Shares -1.09% AH. (PR)
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  • Sep. 10, 2013, 12:10 AM
  • Sep. 9, 2013, 5:35 PM
  • Jun. 5, 2013, 4:44 PM
    More on Coldwater Creek's (CWTR) Q1: Comparable retail sales and revenue fall 10.5% and 8.4% respectively, although the quarterly net loss is narrower than some anticipated. CEO Jill Dean notes that the results are in line with the high end of internal expectations thanks to "gross margin rate expansion and disciplined expense management." For Q2 the company sees flat to negative comps growth and a net loss of $0.55-0.75/share versus consensus of a $0.55/share loss. (PR)
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  • Jun. 5, 2013, 4:13 PM
    Coldwater Creek (CWTR): Q1 EPS of -$0.66 beats by $0.11. Revenue of $155.7M misses by $10.87M. (PR)
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  • Jun. 5, 2013, 12:10 AM
    Notable earnings after Wednesday’s close: ASNA, CWTR, FCEL, FRAN, PAY, UHAL, VRA
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  • Jun. 4, 2013, 5:35 PM
    Notable earnings after Wednesday’s close: ASNA, CWTR, FCEL, FRAN, PAY, UHAL, VRA
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  • Mar. 13, 2013, 4:08 PM
    Coldwater Creek (CWTR): Q4 EPS of -$0.65 beats by $0.14. Revenue of $220.8M beats by $2.04M. (PR)
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  • Mar. 13, 2013, 12:10 AM
    Notable earnings after Wednesday ’s close: CWTR, FTK, HOTT, SIGM, VRA
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  • Mar. 12, 2013, 5:35 PM
    Notable earnings after Wednesday ’s close: CWTR, FTK, HOTT, SIGM, VRA
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  • Jan. 14, 2013, 4:32 PM
    Coldwater 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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Company Description
Coldwater Creek is a specialty retailer of women's apparel, accessories, jewelry, and gift items and it sells its merchandise through premium retail stores across the country, online, and through its mobile applications.