Results for the Thirteen-Week Period Ended July 28, 2012
Joel Waller, President and Chief Executive Officer, commented, "Our second quarter performance reflects marked improvement in our business, demonstrating that our strategic initiatives are taking hold. Our comparable store sales, merchandise margin rate and inventory levels all showed significant improvement compared to the prior quarter and exceeded our expectations.
“We drove positive comparable store sales through the execution of our merchandising and marketing strategies, which also resulted in sequential improvement in our merchandise margins. We have substantially completed our real estate restructuring program and signed a new credit agreement that enhances our financial flexibility. Overall, the second quarter was a pivotal period for Christopher & Banks and we look forward to building continued momentum in the second half of fiscal 2012 and beyond."
Results for the Twenty-Six-Week Period Ended July 28, 2012
Balance Sheet Highlights and Capital Expenditures
Christopher & Banks Corporation
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