CBK ==> The $$$MR. MARKET$$$ Oktoberfest pick

[Michaelk005]

just thinking out loud....if you had a stockbroker who told you that he'd give you 61 stocks, and 55 of them would earn 15% in a few months, what would you think?
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I am HUGE! Bring me your finest meats and cheeses.

- $$$MR. MARKET$$$


HAHAAH i think he would be a liar.

[NJ_angler]

CBK - Up $1.50 in two days!!!

CBK is up about $1.50 over the last two days on higher than average volume. Do we have a (re)entry point in the making?

[mrmarket]

Good news around the corner?

Associated Press
Christopher & Banks June Sales Rose
Thursday July 1, 7:44 am ET
Christopher & Banks June Same-Store Sales Fell 8 Percent, Total Sales Up 5 Percent


MINNEAPOLIS (AP) -- Specialty women's clothing retailer Christopher & Banks Corp. Thursday said June same-store sales fell 8 percent, but the company expects improvement in August.
Total sales for the four-week period rose 5 percent to $29.8 million.

For the four months ended June 26, Christopher & Banks same-store sales declined 6 percent while total sales increased 9 percent to $132.4 million.

As of June 26, the Company operated 571 stores compared with 482 stores as of June 28, 2003.

Christopher & Banks chairman and chief executive Bill Prange said, "Our sweater business remained soft in June. However, we continue to believe that changes we have made to our merchandise mix will start to have a positive impact on our performance beginning with August deliveries."

[jiesen]

http://biz.yahoo.com/prnews/041104/nyth058_1.html

Finally, CBK has some good news!
I guess they finally started selling those new sweaters they kept talking about. Hopefully this is the turning point for this company. You have to admit though, even when things are bad, this company is still making good money, and buying back shares, so it'll have to pull through, eventually.

[mrmarket]

yea...it has been a while. It will be interesting to see if this stock hits my target, if it actually outperformed the market in doing so. Great earnings will most definitely continue to move the stock price upwards.

[Gatorper]

CBK Feb Sales

Christopher & Banks Feb. Sales Rise
MINNEAPOLIS (AP) - Women's specialty retailer Christopher & Banks Corp. reported Thursday that sales for February rose 5 percent at stores open at least a year.
Analysts surveyed by Thomson First Call expected slightly more robust same-store sales growth of 5.8 percent.
Total sales, which include stores that opened or closed in the past 12 months, rose 22 percent to $28.4 million from $23.2 million last February

[jiesen]

Christopher & Banks Feb. Sales Rise
MINNEAPOLIS (AP) - Women's specialty retailer Christopher & Banks Corp. reported Thursday that sales for February rose 5 percent at stores open at least a year.
Analysts surveyed by Thomson First Call expected slightly more robust same-store sales growth of 5.8 percent.
Total sales, which include stores that opened or closed in the past 12 months, rose 22 percent to $28.4 million from $23.2 million last February

it's about freaking time!

well, I figured that same store sales would have to start rising again eventually. go CBK!

[jiesen]

it's about freaking time!

well, I figured that same store sales would have to start rising again eventually. go CBK!

http://finance.yahoo.com/q/ud?s=CBK

Analyst upgrade today on 19% increase in March sales, +2% SSS, and it's about freaking time! (yeah, I know it's getting old... but it's true)

[jiesen]

May sales up 21%, SSS up 7%. CBK is climbing its way back over 19 now...
Slow and steady wins the race.

http://biz.yahoo.com/prnews/050602/nyth069.html?.v=9

Christopher & Banks Corporation Reports May Sales Results
Thursday June 2, 7:30 am ET

MINNEAPOLIS, June 2 /PRNewswire-FirstCall/ -- Christopher & Banks Corporation (NYSE: CBK - News) today reported total sales for the four weeks ended May 28, 2005 rose 21% to $39.3 million from $32.4 million last year, while same-store sales increased 7%.

For the first quarter ended May 28, 2005, total sales increased 20% to $122.7 million from $102.6 million in the prior year period, while same-store sales increased 4%. During the first quarter, the Company opened 19 new stores and closed one store, bringing the total number of stores as of May 28, 2005 to 660 compared to 566 stores as of May 29, 2004.

Bill Prange, Chairman and Chief Executive Officer, commented, "Our 7% increase in May same-store sales was partially driven by aggressive markdowns taken to keep our inventories seasonally clean. We finished the quarter with average in-store inventory per store modestly below last year's levels and are well positioned to begin the second quarter with a fresh merchandise mix."

The Company currently expects that fiscal 2006 first quarter earnings per diluted share will be similar to last year's first quarter, when the Company earned $0.26 per diluted share after giving effect to adjustments for changes in accounting for lease transactions. First quarter results will be reported after the market closes on Tuesday, June 21, 2005.

[mrmarket]

Extrapolating the most recent earnings growth makes CBK a very good value here:


Christopher & Banks Corporation Reports First Quarter Results
Tuesday June 21, 4:02 pm ET


MINNEAPOLIS, June 21 /PRNewswire-FirstCall/ -- Christopher & Banks Corporation (NYSE: CBK - News) today reported results for the first quarter ended May 28, 2005.
Net sales increased 20% to $122.7 million from $102.6 million last year, while same-store sales increased 4%. Net income was $9.3 million, or $0.26 per diluted share, compared to $10.0 million, or $0.26 per diluted share, as restated for lease accounting changes for the quarter ended May 29, 2004.

The Company opened 19 new stores and closed one store in the first quarter, bringing the total number of stores as of May 28, 2005 to 660 compared to 566 stores as of May 29, 2004.

Bill Prange, Chairman and Chief Executive Officer, commented, "While first quarter earnings were softer than expected, we are encouraged by our four percent increase in same-store sales. At the end of the first quarter, inventories were current as evidenced by in-store inventories per square foot that were modestly below last year's levels. With a clean inventory position, we anticipate an improved level of full price selling in the second quarter as compared to last year."

Mr. Prange concluded, "To date, our June business has been strong and we currently anticipate a six to seven percent increase in same-store sales for the month ending June 25, 2005, with a level of full price selling similar to last June. We are optimistic about recent results and believe we are well- positioned for the second quarter."

The Company will discuss its first quarter results in a conference call scheduled for today, June 21, 2005, at 5 p.m. Eastern Time. The conference call will be simultaneously broadcast live over the Internet at http://www.christopherandbanks.com.

Christopher & Banks Corporation is a Minneapolis-based specialty retailer of women's clothing. The Company currently operates 660 women's specialty stores in 45 states under the names: Christopher & Banks, C.J. Banks and Acorn. The Company currently has 478 Christopher & Banks stores, 161 C.J. Banks stores and 21 Acorn stores.

[mrmarket]

Christopher & Banks Sales Up in December
Thursday December 29, 7:58 am ET
Clothing Retailer Christopher & Banks Same-Store Sales Rise 2 Percent in December


MINNEAPOLIS (AP) -- Women's clothing retailer Christopher & Banks Corp. said Thursday its same-store sales grew 2 percent at locations open at least one year, in line with its expectations, and merchandise margins were solidly above last year's levels.


The company, which has more than 700 stores across the United States under the names Christopher & Banks, C.J. Banks and Acorn, said December sales rose 9 percent to $60.2 million from $55.1 million a year earlier.

"As we continue to have well controlled inventories, we expect that January merchandise margins will trend above margins achieved last January," Chief Executive Joe Pennington said in a statement.

The company said gift card sales increased to 11 million during the Thanksgiving through Christmas period this year, compared with 9 million last year.

For the 10 months ended Dec. 24, Christopher & Banks said same-store sales rose 2 percent, while total sales increased 13 percent to $424.1 million.

[mrmarket]

on the way back??

Look at this 3 month chart....woo hoo:

[gerihearne]

another look

Look at this 3 month chart....woo hoo:

was watching this yesterday ... up over a dollar since you posted ...
hesitated getting in ... nibbled at cers, down 12-cents

btw: i'm a full member now
thanks
________
sc2 replays

[mrmarket]

Streetwalker
Five Price-Momentum Plays
03.07.06, 8:30 AM ET


Here's a look at five stocks that have surged but still look cheap relative to history.

These shares trade within 10% of a 52-week high and show stronger price gains than the S&P 500 over the past one-, three- and 12-month periods. They also have price-to-earnings and price-to-sales multiples below their respective five-year averages.





Company Price One-Month Price Change Change From 52-Week High Current Price-To-Sales Ratio

Christopher & Banks $21.84 16% -6% 1.69

[mrmarket]

You Seeees

Christopher & Banks 4Q Earnings Jump
Wednesday April 5, 5:09 pm ET
Christopher & Banks Fourth-Quarter Profit Rises 74 Percent on Stronger Sales, Margins


MINNEAPOLIS (AP) -- Christopher & Banks Corp., a women's specialty retailer, reported Wednesday its fourth-quarter earnings jumped 74 percent, thanks to a strong boost in sales and merchandise margins.


For the period ending Feb. 25, the company's net income climbed to $6.7 million, or 18 cents per share, from $3.8 million, or 11 cents per share, a year ago. Sales increased 6 percent to $126.6 million from $119.3 million a year ago.

That beats the expectations of analysts surveyed by Thomson Financial, who predicted a profit of 17 cents per share on revenue of $127.8 million.

"We achieved significant improvement in merchandise margins in the fourth quarter, which drove a 72 percent increase in operating income and a 74 percent increase in net income," said Chief Executive Joe Pennington in a statement.

For the fiscal year, net income rose to $30.4 million, or 84 cents per share, from $27 million, or 73 cents per share, during the year-ago period. Annual sales increased to $490.5 million from $438.9 million.

Shares of the company rose 61 cents, or 2.7 percent, to close at $23.36 on the New York Stock Exchange, and added 10 cents in aftermarket activity.