Christopher & Banks (CBK) Misses Q4 EPS by 1c

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Go back to Christopher & Banks (CBK) Misses Q4 EPS by 1c

Christopher & Banks Corporation Reports Fourth Quarter and Full Year Fiscal 2016 Financial Results

March 15, 2017 6:30 AM EDT

- Fourth Quarter Net Sales Decreased 10.1% to $85.0 million, Comparable Sales Decreased 7.8% and Gross Margin Decreased 610 basis points

- Strategic Initiatives Expected to Drive Improved Financial Performance in the Second Half of Fiscal 2017

MINNEAPOLIS--(BUSINESS WIRE)-- Christopher & Banks Corporation (NYSE: CBK), a specialty womens apparel retailer, today reported results for the fourth quarter and fiscal year ended January 28, 2017.

Results for the Fourth Quarter Ended January 28, 2017

Net sales totaled $85.0 million, a decrease of 10.1%, while operating on average 499 stores, compared to $94.6... More