[R] 11:15AM New York - Borders Group, Inc revenue fell 9% and net loss increased to $175.4 million. Coldwater Creek Inc revenue fell 16% and net loss was $1.3 million. J. Crew Group, Inc revenue rose 9% and net income fell 29%.[/R]
Borders Group, Inc the book, music and movie superstores said third quarter revenues fell 9% to $693.4 million from $765.2 million a year ago. Net loss in the quarter was $175.4 million or $2.90 per diluted share compared to net loss of $161.1 million or $2.74 per share a year ago.
Comparable same store sales fell 12.8%.
Borders Group, Inc ( BGP: chart) in the last one year traded as high as $13.23 in December 2007 and as low as $0.72 in November 2008. Based on the yesterday’s closing price of $1.68 the company has market cap of $101.71 million.
Coldwater Creek Inc, a specialty retailer of women''s apparel said third quarter revenues fell 16% to $228.5 million from $271.2 million a year ago. Net loss in the quarter was $1.3 million or 1 cent per diluted share compared to net loss of $6.2 million or 7 cents per share a year ago.
Comparable same store sales fell 20.5%.
Coldwater Creek Inc ( CWTR: chart) in the last one year traded as high as $8.66 in November 2007 and as low as $0.91 in November 2008. Based on the yesterday’s closing price of $1.53 the company has market cap of $139.40 million.
J. Crew Group, Inc, an apparel and accessories retailer said third quarter revenues rose 9% to $363.1 million from $332.7 million a year ago. Net income in the quarter fell 29% to $19 million or 30 cents per diluted share compared to net income of $26.8 million or 42 cents per share a year ago.
Comparable same store sales fell 3%.
J. Crew Group, Inc ( JCG: chart) in the last one year traded as high as $51.96 in December 2007 and as low as $8.02 in November 2008. Based on the yesterday’s closing price of $11.05 the company has market cap of $689.88 million. |