Christopher & Banks (CBK) Misses Q1 EPS by 6c

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Go back to Christopher & Banks (CBK) Misses Q1 EPS by 6c

Christopher & Banks Corporation Reports First Quarter Fiscal 2018 Financial Results

May 31, 2018 6:30 AM EDT

- Net Sales of $85.9 million, Reflecting a Comparable Sales Decrease of 2.6% -

- Gross Margin Rate Decreased 270 basis points -

- Selling, General & Administrative Expenses Decreased by $1.2 million -

MINNEAPOLIS--(BUSINESS WIRE)-- Christopher & Banks Corporation (NYSE: CBK), a specialty womens apparel retailer, today reported results for the first quarter ended May 5, 2018.

Keri Jones, President and Chief Executive Officer, commented, Our first quarter financial results did not meet our expectations due in part to underperformance in woven jackets and bottoms, and... More