(By Salman - iStockAnalyst Writer)

Late on Wednesday, Allion Healthcare (NASDAQ: ALLI) reported that its fourth quarter net income nearly doubled to $3.065 million or 12 cents a share from $1.069 million or 6 cents a share in the prior year quarter. Revenue jumped 525 to $96.850 million from $63.586 million. Analysts on average were looking for earnings of 12 cents a share on revenue of $92.82 million. Looking ahead to the full year 2009, the company expects to report earnings in the range of 48 cents to 50 cents a share and revenue in the range of $400 million to $415 million. Chairman, President and Chief Executive Officer of Allion Healthcare Michael Moran commented "We are very proud of the performance of our clinical and operational teams during these challenging times. Their unwavering commitment to our business model and to the patient and physician communities we serve positions us well for the opportunities and challenges we face in 2009."

Coldwater Creek Inc. (NASDAQ: CWTR) posted a wider fourth quarter net loss of $18.6 million or 20 cents a share, compared to a net loss of $17.0 million or 19 cents a share in the year ago quarter. Sales slipped to $283.2 million from $345.5 million. Analysts on average expected a loss of 23 cents share for the fourth quarter on revenue of $283.05 million. Daniel Griesemer, president and chief executive officer of Coldwater Creer stated "We are clearly not satisfied with our fourth quarter and full year sales and earnings results. While we successfully managed the controllable aspects of our business, including our expenses, inventory, and balance sheet, it was not enough to offset the overall macroeconomic environment, challenging traffic, and promotional nature of the holiday season. As we look into 2009, we believe that one of the keys to our success will be to offer a merchandise assortment with the appropriate balance in terms of fashion, fit, and value that will be relevant to the entire range of our target demographic. At the same time, we will remain focused on managing the business conservatively given the macroeconomic environment. We are confident that we are taking all the right steps to position Coldwater Creek to navigate the current economic downturn and emerge a stronger and more efficient organization." Shares of the company rose over 6% in extended trading.

Foot Locker Inc. (NYSE: FL) swung to a fourth-quarter loss of $126 million, or 82 cents a share from a profit of $72 million, or 46 cents a share the comparable quarter, a year ago. On an adjusted basis, the company reported a profit of 24 cents a share in the latest quarter. Revenue declined to $1.32 billion from $1.48 billion. Consensus estimates were for earnings of 18 cents a share on revenue of $1.4 billion. Commenting on the results, Chairman and Chief Executive Officer Matthew D.