Christopher & Banks (CBK) Tops Q1 EPS by 2c; Comps Fall 8.9%

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Go back to Christopher & Banks (CBK) Tops Q1 EPS by 2c; Comps Fall 8.9%

Christopher & Banks Corporation Reports First Quarter Fiscal 2017 Financial Results

May 25, 2017 6:30 AM EDT

- Net Sales of $88.6 million, reflecting a Comparable Sales Decrease of 8.9% -

- Gross Margin decreased 320 basis points -

- Selling, General & Administrative Expenses decreased by $4.5 million -

MINNEAPOLIS--(BUSINESS WIRE)-- Christopher & Banks Corporation (NYSE: CBK), a specialty womens apparel retailer, today reported results for the first quarter ended April 29, 2017.

Joel Waller, Interim President and Chief Executive Officer, commented, While our first quarter results did not meet our expectations, we are pleased with our strong eCommerce growth, as... More