Citi Comments On Coldwater Creek Analyst Day

According to Citi, Coldwater Creek's CWTR analyst day showcases more disciplined store focus. Citi reported that CWTR hosted an analyst meeting on Tuesday. “In attendance from the company were CFO Jim Bell, chief creative officer Jerome Jessup, chief merchant Jill Brown Dean and Lyn Walther, VP of IR. The meeting highlighted a more disciplined retail focus than we've seen in recent years. Better support of planned promotions to drive traffic is a near-term opportunity, with category expansion a longer-term goal. Fall will be the first opportunity for the teams to make a real difference, and we continue to forecast a similar loss in 2011 to last year's as the company works to improve assortments.” Coldwater Creek closed yesterday at $2.37.