Christopher & Banks Corporation Reports Second Quarter Fiscal 2020 Financial Results
Christopher & Banks Corporation (OTC: CBKC), a specialty women's apparel retailer, today reported results for the second quarter ended August 1, 2020.
Second Quarter Fiscal 2020 Highlights:
Net sales decreased 29.9% to $58.5 million compared to the same period last year due to 36% fewer selling days related to temporary store closures, partially offset by 70.9% growth in its eCommerce business
As a percentage of sales, SG&A levered 20 basis points to 33.1%