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

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Christopher & Banks Corporation Reports Third Quarter Fiscal 2016 Financial Results

December 1, 2016 6:30 AM EST

- Net Sales Increase of 2.9% to $106.7 million

- Comparable Sales Increase of 4.5% -

- Gross Margin Expanded 95 basis points -

MINNEAPOLIS--(BUSINESS WIRE)-- Christopher & Banks Corporation (NYSE: CBK), a specialty womens apparel retailer, today reported results for the third quarter ended October 29, 2016.

Results for the Third Quarter Ended October 29, 2016

Net sales totaled $106.7 million, an increase of 2.9%, while operating on average 506 stores, compared to $103.6 million in net sales for the third quarter of fiscal 2015, while operating on average 533 stores.... More