Christopher & Banks (CBK) Misses Q2 EPS by 5c; Comps Fell 5.8%
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Christopher & Banks Corporation Reports Second Quarter Fiscal 2016 Financial Results
August 30, 2016 6:30 AM EDT- Net Sales Decrease of 4.3% to $89.9 million
- Comparable Sales Decrease of 5.8% -
- Gross Margin Expanded 60 basis points -
MINNEAPOLIS--(BUSINESS WIRE)-- Christopher & Banks Corporation (NYSE: CBK), a specialty womens apparel retailer, today reported results for the second quarter ended July 30, 2016.
Results for the Second Quarter Ended July 30, 2016
Net sales totaled $89.9 million, a decrease of 4.3%, compared to $94.0 million in net sales for the second quarter of fiscal 2015. Comparable sales... More