Christopher & Banks (CBK +23.4%) expects a Q2 sales decline, but shares soar as the apparel...


Christopher & Banks (CBK +23.4%) expects a Q2 sales decline, but shares soar as the apparel retailer defends its turnaround plan and cites improvements in same-store sales. CEO Joel Waller says marketing strategies are beginning to show progress, while better in-store presentation and staff improvements also are boosting performance.

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