Christopher & Banks Profit Tops Estimate - Quick Facts

(RTTNews) - Christopher & Banks Corp (CBK), a specialty women's apparel retailer, Wednesday reported second-quarter net earnings of $3.4 million or $0.09 per share compared with a loss of $265 thousand or $0.01 per share last year.

Revenues for the quarter were $106.6 million compared with $104.2 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.04 per share on revenues of $106.03 million for the quarter. Analysts' estimates typically exclude special items.

Same-store sales increased 2.6% for the quarter.

Gross margin climbed to 35.3% from 33.5% last year.

Looking ahead to the third quarter, the company expects revenues of $122 million to $124 million, while analysts expect $122.2 million.