COLDWATER (CWTR) EARNINGS: THE GOOD NEWS AND THE BAD NEWS
Coldwater (CWTR) is a women’s apparel retailer. There is good news and bad news in Coldwater’s earnings report.
The good news is that Coldwater’s projections are better than whisper numbers, merchandise is improving, inventory control is becoming tighter, gross margins are projected to increase, and insiders are committed to a turn around.
The bad news is that the turn around is moving slow and Coldwater is not capturing on-line shoppers in large enough numbers.
Before the year-end, there is still potential for more tax loss selling.
Coldwater is a reasonable speculation for those looking for a potentially high reward turnaround situation.… Please click here or the title below to read more.