Christopher & Banks (CBK) Tops Q3 EPS by 4c; Q4 Revenue Outlook Light of Views

December 1, 2016 6:31 AM EST

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

Christopher & Banks (NYSE: CBK) reported Q3 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $106.7 million versus the consensus estimate of $104.66 million.

  • Comparable sales increased 4.5% compared to a 6.7% decrease in the same period last year.
  • Gross margin rate increased 95 basis points to 36.8%, as compared to last year’s third quarter.

GUIDANCE:

Christopher & Banks sees Q4 2016 revenue of $93-97 million, versus the consensus of $99.6 million.

For earnings history and earnings-related data on Christopher & Banks (CBK) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Guidance, Hot Guidance, Retail Sales

Related Entities

Earnings

Add Your Comment