Christopher & Banks Corp. (CBK) Wed reported a narrower loss for the fourth quarter, due mainly to higher revenues, and healthier margins.
Net loss for the quarter narrowed to $4.05 million or $0.11 per share from $53.22 million or $1.50 per share in the comparable quarter last year.
Year-ago results included one-time charges amounting to $21.2 million relating to impairment and restructuring.
Revenues totaled $116.0 million, up from $105.6 million last year. Same-store sales improved 18.5 percent from last year.
Looking ahead to the first quarter same-store sales are expected to increase in the low twenty percent range.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.