Financial Outlook
For the second quarter ending August 26, 2006, earnings are anticipated to be in the range of $0.17 to $0.19 per diluted share. Second quarter guidance takes into account $0.02 per diluted share for the impact of expensing stock-based compensation. In last year's second quarter, the Company earned $0.16 per diluted share.
For the fiscal year ending March 3, 2007, the Company has increased its guidance to $1.06 to $1.10 per diluted share. Full year earnings guidance includes approximately $0.08 per diluted share from the effect of expensing stock-based compensation. In fiscal 2006, the Company earned $0.84 per diluted share.
Christopher & Banks Corporation is a Minneapolis-based specialty retailer of women's clothing. The Company currently operates 741 stores in 45 states under the names: Christopher & Banks, C.J. Banks and Acorn. The Company currently has 514 Christopher & Banks stores, 199 C.J. Banks stores and 28 Acorn stores.
Christopher & Banks Corporation
marketing@alchempro.com
