USA: Coldwater Creek’s Announce Third Quater Results
Coldwater Creek Inc (Nasdaq: CWTR ), the multi-channel retailer of women's apparel, jewelry, gifts and home merchandise, today reported a rise in third quater net sales and net income. The company has reported that third quarter figures for the 2000 financial year show that net income increased by 36.2 per cent to $7.1m, from $5.2m in 1999. Over nine months the company has increased net income by 52 per cent to $12.5m from $8.2m for the same period last year.