UPDATE: Christopher & Banks Posts Narrower Q2 Loss
Christopher & Banks (NYSE: CBK) posted a narrower loss in the second quarter.
Christopher & Banks posted a quarterly loss of $265,000, or $0.01 per share, versus a year-ago loss of $2.2 million, or $0.06 per share.
Its revenue at stores open at least a year rose 7.7%, while overall revenue gained 1% to $104.2 million from $103.4 million.
Christopher & Banks shares gained 7.05% to $6.3050 at 10:45 am.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.