Christopher & Banks Corp. said its normalized net income for the fiscal third quarter ended Nov. 1 was 15 cents per share, compared with the S&P Capital IQ consensus estimate of 21 cents per share.
EPS climbed 6.6% year over year from 14 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $5.8 million, a gain of 8.5% from $5.4 million in the prior-year period.
The normalized profit margin climbed to 5.3% from 4.5% in the year-earlier period.
Total revenue fell 6.3% on an annual basis to $110.6 million from $118.1 million, and total operating expenses declined 7.5% year over year to $101.3 million from $109.5 million.
Reported net income rose 6.3% from the prior-year period to $9.1 million, or 24 cents per share, from $8.5 million, or 23 cents per share.
