Coldwater Creek Cuts 4th-Qtr. Loss

Coldwater Creek said it posted a loss of $9.7 million, or 11 cents a diluted share, compared with $18.6 million.

By Alexandra Steigrad

financial/news

Shares of Coldwater Creek Inc. gained 24 percent Thursday after the company cut its fourth-quarter loss in half and issued first-quarter projections well above analysts’ expectations.

Coldwater Creek Cuts 4th-Qtr. Loss

Coldwater Creek said it posted a loss of $9.7 million, or 11 cents a diluted share, compared with $18.6 million.

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