UPDATE: Christopher & Banks (CBK) Reports Q2 Loss Per Share of 20c

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Go back to UPDATE: Christopher & Banks (CBK) Reports Q2 Loss Per Share of 20c

Christopher & Banks Corporation Reports Second Quarter Fiscal 2017 Financial Results

August 29, 2017 6:30 AM EDT

- Net Sales of $86.6 million, reflecting a Comparable Sales Decrease of 0.6% -

- Gross Margin Rate decreased 510 basis points as Company Repositions Merchandise Assortment -

- Selling, General & Administrative Expenses decreased by $1.4 million -

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

Joel Waller, Interim President and Chief Executive Officer, commented, Throughout our second quarter we saw encouraging signs that the initiatives we have been putting... More