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Retail Winners & Losers: Stein Mart, Coldwater

NEW YORK ( TheStreet) -- Here's a look at retail stocks to watch on Thursday.

Men's Wearhouse (MW)was surging 6.5% to $27.90, after it narrowed its fourth-quarter loss and issued a better-than-expected 2011 forecast.

During the quarter, the men's retailer, which sells suits and rents tuxedos, lost 19 cents a share on an adjusted basis on revenue of $542.1 million. Analysts were calling for a loss of 19 cents on revenue of $537.4 million.

Looking ahead, Men's Wearhouse foresees full-year earnings in the range of $1.75 to $1.85 a share, ahead of consensus estimates of $1.72.

Stein Mart (SMRT - Get Report)was spiking 9.8% to $9.68, as fourth-quarter profit easily topped forecasts.

During the quarter the department store earned 32 cents a share on an adjusted basis, better than the 21 cents Wall Street predicted.

But sales fell short, with Stein Mart raking in $336.7 million, less than the $339.9 million analysts expected.

Coldwater Creek (CWTR)is continuing on its decline a day after reporting it widened its loss in its fourth quarter.

During the three-month period women's apparel retailer lost $37 million, or 40 cents a share, compared with a loss of $9.7 million, or 11 cents, in the year-ago period. Sales also fell nearly 21% to $252.1 million.

Analysts were calling for a loss of 26 cents a share on revenue of $282.8 million.

Coldwater Creek, which was tumbling 8.3% to $2.67, was also pulling down shares in other stocks in the sector, including New York & Co. (NWY - Get Report), which is off 3.3% to $5.51 in morning trading.

Have questions or comments about retail stocks? Drop an e-mail or Tweet

--Written by Jeanine Poggi in New York.

>To contact the writer of this article, click here: Jeanine Poggi.

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CWTR $0.02 0.87%
MW $13.29 4.24%
NWY $1.90 0.00%
SMRT $6.58 0.00%
AAPL $93.99 0.00%


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