Core marketing strategy fosters Coldwater's Q4 income with 65.5% rise
09 Mar '06
1 min read
Clothing retailer Coldwater Creek Inc reported financial results for the three and twelve-month periods ended January 28, 2006.
All per share amounts reflect a 50 percent stock dividend which was declared by the Board of Directors on December 10, 2005.
This stock dividend has the effect of a 3-for-2 stock split.
Net income for the three-month period ended January 28, 2006, increased $7.5 million, or 65.5 percent, to $18.9 million, or $0.20 per diluted share, compared with net income of $11.4 million, or $0.12 per diluted share, for the three-month period ended January 29, 2005.
Net sales in the fiscal 2005 fourth quarter increased 41.0 percent to $287.9 million from $204.1 million in the fiscal 2004 fourth quarter.
Coldwater Creek is an integrated multi-sales channel retailer of women's apparel, jewelry, footwear, gift items and accessories through a growing number of full-line retail stores located across the country.
marketing@alchempro.com
