Christopher & Banks (CBK) Reports In-Line Q3 EPS; Guides Q4 Sales Below the Street
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Christopher & Banks Corporation Reports Third Quarter Fiscal 2015 Financial Results
December 8, 2015 6:30 AM ESTMINNEAPOLIS--(BUSINESS WIRE)-- Christopher & Banks Corporation (NYSE: CBK), a specialty womens apparel retailer, today reported results for the third quarter ended October 31, 2015.
Results for the Third Quarter Ended October 31, 2015
Net sales totaled $103.6 million, as compared to $110.6 million for the third quarter of fiscal 2014. During the quarter, the Company operated an average of 3.0% fewer stores than during the comparable period last year, reflecting its MPW store conversion strategy; offset to some extent by new store openings, primarily outlets. Same-store sales decreased 6.5% in the third... More