• Comparable premium retail store sales to be flat todown low single digits
• Gross margin rate to improve 150 to 250 basis points
• Net loss per share in the range of $0.16-$0.20 on 121.9 million weighted average shares outstanding. This guidance excludes the quarterly impact of the change in the fair value of the derivative liability due to the inherent variable nature of this financial instrument.
• Total inventory at the end of the quarter to be down in the mid-single digit range as compared to the third quarter of fiscal 2011.

Coldwater Creek is a leading specialty retailer of women's apparel, gifts, jewelry, and accessories that was founded in 1984 and is headquartered in Sandpoint, Idaho.

Coldwater Creek Inc