Christopher & Banks Corp. said its normalized net income for the fiscal second quarter ended Aug. 2 was $2.1 million, compared with a loss of $23,750 in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin rose to 2.0% from negative 0.0% in the year-earlier period.
Total revenue grew year over year to $106.6 million from $104.2 million, and total operating expenses came to $103.2 million, compared with $104.2 million in the year-earlier period.
Reported net income totaled $3.4 million, or 9 cents per share, compared to a loss of $362,150, or a loss of 1 cents per share, in the prior-year period.
