Christopher & Banks (CBK) Tops Q1 EPS by 1c; Comps Fell 11.7%
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Christopher & Banks Corporation Reports Results for the Thirteen Week Period Ended May 2, 2015
June 9, 2015 7:30 AM EDTMINNEAPOLIS--(BUSINESS WIRE)-- Christopher & Banks Corporation (NYSE: CBK), a specialty womens apparel retailer, today reported results for the thirteen week period ended May 2, 2015.
Results for the Thirteen Week Period Ended May 2, 2015
Net sales totaled $91.6 million, as compared to $103.4 million for the thirteen weeks ended May 3, 2014. During the quarter, the Company operated an average of 6.0% fewer stores than during the comparable period last year, reflecting its MPW store conversion program. Same-store sales decreased 11.7% in the thirteen weeks ended May 2, 2015, as compared to the thirteen weeks ended May... More