Christopher & Banks (CBK) Reports Q4 EPS of 86c, FY Revenue Guidance Misses
Christopher & Banks (NYSE: CBK) reported Q4 EPS of $0.86, may not compare to the analyst estimate of ($0.10). Revenue for the quarter came in at $98 million versus the consensus estimate of $97.13 million.
Christopher & Banks sees FY2015 revenue of $422-432 million, versus the consensus of $438.56 million.
- gross margin to be between 30 and 80 basis points higher than fiscal 2014;
- SG&A to be between $132.5 and $135.5 million;
- depreciation and amortization to be between $13.0 and $13.5 million;
- capital expenditures to be approximately $33.0 million to $35.0 million;
- a tax rate of approximately 40%;
- the average store count to be down approximately 3.1% and related average square footage for the year to be up approximately 0.6%, as compared to fiscal 2014; and
- to end the fiscal year with a total square footage increase of approximately 5.0%, as compared to the end of fiscal 2014.
For earnings history and earnings-related data on Christopher & Banks (CBK) click here.