Shares of Christopher & Banks Corp. jumped more than 15 percent in morning trading Thursday as the women’s retailer cut its fourth-quarter loss more than expected.
For the three months ended Feb. 1, the Minneapolis-based women's specialty retailer cut its net loss to $286,000, or 1 cent a diluted share, from a loss of $4.1 million, or 11 cents, in the year-ago quarter. Analysts on average had expected a loss of 3 cents a share.
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