NEW YORK — Solid sales and margins allowed Christopher & Banks Corp. to post more than a 20 percent increase in second-quarter profits.

The Minneapolis-based specialty retailer said for the three months ended Aug. 27 earnings rose 22.2 percent to $8.5 million, or 22 cents a diluted share, at the upper end of its previous guidance and 1 cent ahead of Wall Street’s consensus estimates. That compares favorably with earnings in the year-ago period of $6.9 million, or 17 cents. Sales for the quarter rose 21.5 percent to $89.7 million from $73.9 million, while comparable-store sales increased 3 percent.

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