Christopher & Banks Corporation (CBK) - NYSE
  • Sep. 21, 2015, 6:45 PM
    • Toro (NYSE:TTC) is taking SPX's (SPW) spot in the S&P MidCap 400 following Thursday's close. SPX and Core-Mark (NASDAQ:CORE), meanwhile, will replace Toro and soon-to-be-acquired DealerTrak in the S&P SmallCap 600. (PR)
    • SPX's SPX Flow (NYSE:FLOW) spinoff will replace Christopher & Banks (NYSE:CBK) in the S&P 600 following Friday's close. S&P states CBK "is ranked near the bottom of the S&P SmallCap 600 and is no longer appropriate for that index."
    • TTC +1.3% after hours. CORE +3.9%. CBK -3.6%.
    | Sep. 21, 2015, 6:45 PM
  • Sep. 10, 2015, 8:33 AM
    • Christopher & Banks (NYSE:CBK) reports same-store sales fell 12.4% in Q2.
    • Gross margin rate declined 240 bps to 32.9%.
    • SG&A expense rate increased 220 bps to 31.5%.
    • Q3 Guidance: Net sales: $101M to $105M; Gross margin rate:-320 bps to -400 bps Y/Y; SG&A expense: ~$34.3M to $34.8M; D&A: ~$3.1M; Tax rate: ~45%; Average store count: -3% Y/Y.
    • FY2015 Guidance:Net sales: D&A: $12M to $12.5M; Capex: ~$27M to $28M; Tax rate: ~40%; Average store count: ~-4% Y/Y.
    | Sep. 10, 2015, 8:33 AM
  • Sep. 10, 2015, 7:32 AM
    • Christopher & Banks (NYSE:CBK): Q2 EPS of -$0.02 beats by $0.02.
    • Revenue of $94M (-11.8% Y/Y) misses by $5.67M.
    | Sep. 10, 2015, 7:32 AM
  • Sep. 9, 2015, 5:30 PM
  • Aug. 17, 2015, 9:15 AM
    | Aug. 17, 2015, 9:15 AM | 7 Comments
  • Aug. 14, 2015, 3:47 PM
    • Christopher & Banks (CBK -47.5%) plunges after the company issues lower guidance and initiates an operational review.
    • The company also hired outside consultants to help it analyze results and strategy after same-store sales fell 12% in FQ2
    • Shares of C&B are down 70% YTD.
    | Aug. 14, 2015, 3:47 PM | 2 Comments
  • Aug. 14, 2015, 12:45 PM
    | Aug. 14, 2015, 12:45 PM | 1 Comment
  • Jul. 20, 2015, 8:04 AM
    • Christopher & Banks (NYSE:CBK) says it's in the process of complying to all records demands in compliance with the law.
    • The statement is in response to the noise that Macellum Advisors has made over the sale of stock by insiders ahead of a guidance cut.
    • C&B says all the sales were part of the company's pre-cleared stock trading policy.
    • Previously: Macellum concerned over insider sales at Christopher & Banks (Jul. 10 2015)
    | Jul. 20, 2015, 8:04 AM
  • Jul. 14, 2015, 3:09 PM
    | Jul. 14, 2015, 3:09 PM
  • Jul. 10, 2015, 12:01 PM
    • Macellum Advisors wants to take a look at the books at Christopher & Bank (CBK +1.5%) in order to investigate the stock sales of directors.
    • The investment firm, which holds a 5.1% stake in C&B, is concerned over some insider sales which came in front of guidance cuts.
    | Jul. 10, 2015, 12:01 PM
  • Jun. 18, 2015, 7:21 AM
    • Macellum delivers a harsh letter to the board at Christopher & Banks (NYSE:CBK) after seeing its request for board representation denied.
    • The activist investment firm reiterates that it believes C&B should consider strategic alternatives including selling itself.
    • Macellum holds 5.1% of the shares in the women's apparel retailer.
    • Shares of CBK are down 48% over the last year.
    | Jun. 18, 2015, 7:21 AM
  • Jun. 9, 2015, 8:14 AM
    • Christopher & Banks (NYSE:CBK) reports same-store sales decreased 11.7% in Q1.
    • Gross margin rate fell 150 bps to 35.2%.
    • Q2 Guidance: Net sales: $100M to $103M; Gross margin rate: flat to +50 bps; SG&A expense: ~$32.5M to $33.5M.
    • FY2015 Guidance:Net sales: $416M to $423M; Gross margin rate: +30 bps to +80 bps; SG&A expense: ~$132.5M to $135.5M; D&A: $12.5M to $13M; Capex: ~$30M to $32M; Tax rate: ~42%; Average store count: ~-3% Y/Y.
    | Jun. 9, 2015, 8:14 AM
  • Jun. 9, 2015, 7:32 AM
    • Christopher & Banks (NYSE:CBK): Q1 EPS of -$0.04 beats by $0.01.
    • Revenue of $91.6M (-11.4% Y/Y) misses by $1.46M.
    | Jun. 9, 2015, 7:32 AM
  • Jun. 7, 2015, 5:35 PM
    | Jun. 7, 2015, 5:35 PM | 4 Comments
  • Apr. 13, 2015, 7:01 AM
    • Piper & Jaffray upgrades Christopher & Banks (NYSE:CBK) to an Overweight rating after slotting the retailer at Neutral previously.
    • Analysts with the investment firm doubled their price target on C&B to $10.
    • Shares of CBK are -1.4% YTD.
    | Apr. 13, 2015, 7:01 AM
  • Mar. 30, 2015, 7:05 AM
    • Christopher & Banks (NYSE:CBK) names Edwin Holman to its board of directors.
    • The addition of Holman takes the size of the board to nine members.
    • Holman is the former interim CEO at The Pantry and a top exec at Macy's.
    | Mar. 30, 2015, 7:05 AM
Company Description
Christopher & Banks Corp. operates as a retailer of women's apparel and accessories. The company owns and operates retail stores through its subsidiaries, Christopher & Banks, Inc. and Christopher & Banks Co. It also operates eCommerce web sites, including www.christopherandbanks.com and... More
Sector: Services
Industry: Apparel Stores
Country: United States