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Stock Market & Financial Investment News

News Breaks
January 16, 2013
09:00 EDTCBKChristopher & Banks rises 9.3%
Christopher & Banks is up 9.3%, or 53c, to $6.20
News For CBK From The Last 14 Days
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December 5, 2014
08:13 EDTCBKChristopher & Banks sell-off an overreaction, says Brean Capital
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December 4, 2014
10:57 EDTCBKChristopher & Banks downgraded to Neutral from Overweight at Piper Jaffray
07:34 EDTCBKChristopher & Banks sees ending FY14 with 3.2% square footage decrease
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07:33 EDTCBKChristopher & Banks sees Q4 sales $94M-$98M, consensus $107.35M
For Q4, the company expects to operate, on average, 544 stores, as compared to 584 stores, on average, during last year’s fourth quarter; gross margin to be relatively flat as compared to the comparable prior year period, largely driven by improved merchandise margins offset by deleveraging of occupancy; inventory on a dollar per square foot basis to remain higher than the level for the comparable prior year period but at a reduced level compared to the end of the third quarter; and to open 1 new Outlet store; to convert 25 Christopher & Banks and 25 CJ Banks stores to 25 Missy, Petite, Women stores; to close 2 CB stores and replace them with 2 new MPW stores; and to close 4 CB stores, 1 CJ store and 1 MPW store.
07:31 EDTCBKChristopher & Banks reports Q3 EPS 24c, consensus 21c
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