Christopher & Banks (CBK) Misses Q2 EPS by 4c; Comps Rise 0.8%

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Christopher & Banks Corporation Reports Second Quarter Fiscal 2018 Financial Results

September 5, 2018 6:30 AM EDT

- Net Sales of $87.4 Million, Reflecting a Comparable Sales Increase of 0.8% -
- Gross Margin Rate was Flat as Compared to 2Q17 -

MINNEAPOLIS--(BUSINESS WIRE)-- Christopher & Banks Corporation (NYSE: CBK), a specialty womens apparel retailer, today reported results for the second quarter ended August 4, 2018.

Keri Jones, President and Chief Executive Officer, commented, We made important progress in our turnaround efforts during the second quarter. We drove improvement in our comparable sales, saw a significant reduction in inventory levels, strengthened our... More