Coldwater Creek Inc. reported net income of $8.5 million for the first quarter, up 60% from $5.3 million last year.
The marketer reported net sales of $155.6 million for he quarter ended April 30, up 25% from $124.5 million last year.
The Sandpoint, ID company’s direct segment reported net sales of $71.9 million in the quarter, up 6% over $68 million last year.
“Our very positive performance in the first quarter was primarily driven by strong full-price selling in all three channels, which contributed to higher net sales and improved earnings,” said CEO Dennis Pence in a statement.
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