Best Stocks to Watch - (NASDAQ:CWTR) Q3 Loss Misses Estimates, Shares Down

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Coldwater Creek Inc. (NASDAQ:CWTR) fell 9.35% to $4.85 after it reported a net loss for the third quarter of $34.0 million or $0.37 per share, compared to a loss of $1.3 million or $0.01 per share in the year-ago quarter.

The company's third quarter adjusted net loss was $3.9 million or $0.04 per share.

Net sales for the quarter increased to $266.7 million from $228.5 million in the prior-year quarter.

On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.03 per share, on revenues of $232.24 million for the quarter. Analysts estimates typically exclude special items.

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