04.12.2014 13:53:24
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Christopher & Banks Q3 Profit Tops View - Quick Facts
(RTTNews) - Christopher & Banks Corp (CBK), a specialty women's apparel retailer, reported third-quarter net earnings of $8.98 million or $0.24 per share, compared to $8.61 million or $0.23 per share last year.
Revenues for the latest third quarter were $110.61 million, compared with $118.08 million in the prior year.
On average, four analysts polled by Thomson Reuters estimated earnings of $0.21 per share on revenues of $115.71 million for the quarter. Analysts' estimates typically exclude special items.
Same-store sales decreased 7.6% for the quarter.
Looking ahead to the fourth quarter, the company expects revenues of $94 million to $98 million, while analysts expect $107.35 million.
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