Type
|
Public |
---|---|
Traded as | NYSE: CBK |
Industry | Retail |
Founded | 1956 |
Founder | Gil Braun |
Headquarters | Plymouth, Minnesota, United States |
Number of locations
|
672 (March 2012) |
Key people
|
Joel Waller, President and CEO |
Products | Women's clothing |
Divisions | CJ Banks (Plus Size) |
Website | www |
Christopher & Banks is an American retail company based in the Minneapolis suburb of Plymouth, Minnesota that specializes in women's clothing for the age 40-60 demographic. In 2017, Joel Waller was named Interim President and Chief Executive Officer, as well as a member of the Board of Directors.
The chain was founded in 1956 as Braun's Fashions in Minneapolis. It became a publicly traded company in 1992, and was re-branded as Christopher & Banks in 2000. Also in 2000, the chain founded a second brand, CJ Banks, which is a plus-size clothing store.
In November 2004 Christopher & Banks acquired the Acorn Stores chain and operated it as a third retail concept. Christopher & Banks announced on July 31, 2008 that they intended to close Acorn and followed through with this plan, closing all 36 Acorn stores by the end of the year.
On April 4, 2005, The Company restated its consolidated statements of income for the fiscal years ended March 1, 2003 and February 28, 2004, as well as for interim periods within the fiscal year ended February 26, 2005, to present the amortization of construction allowances as a reduction of rent expense instead of a reduction of depreciation expense.
In 2014, the company began phasing out CJ Banks stores, and combining the plus-size lines into Christopher & Banks stores. In cases where such stores were adjacent, the stores were combined into one larger store.
2016-04-07 | Upgrade | Dougherty & Co | Neutral to Buy | $3.25 |
2015-09-11 | Initiated Coverage | Brean Capital | Hold | |
2015-08-14 | Downgrade | Dougherty & Co | Buy to Neutral | |
2015-08-14 | Lower Price Target | Piper Jaffray | Overweight | $10.00 to $6.00 |
2015-08-14 | Downgrade | Brean Capital | Buy to Hold | |
2015-08-14 | Lower Price Target | Piper Jaffray Cos. | Overweight | $10.00 to $6.00 |
2015-06-10 | Lower Price Target | Dougherty & Co | Buy | $7.00 to $6.00 |
2015-06-08 | Reiterated Rating | Brean Capital | Buy | $7.00 to $6.00 |
2015-04-13 | Upgrade | Piper Jaffray | Neutral to Overweight | $5.00 to $10.00 |
2015-03-24 | Reiterated Rating | Brean Capital | Buy | $7.00 |
2015-01-12 | Initiated Coverage | Brean Capital | Buy | $7.00 |
2014-12-05 | Lower Price Target | Brean Capital | Buy | $10.00 to $7.00 |
2014-12-04 | Downgrade | Piper Jaffray | Overweight to Neutral | $11.00 to $6.00 |
2014-11-06 | Initiated Coverage | Brean Capital | Buy | $10.00 |
2014-10-08 | Reiterated Rating | Buckingham Research | Buy | $13.00 to $11.00 |
2014-05-16 | Initiated Coverage | Buckingham Research | Buy | |
2012-11-20 | Initiated | Capstone Investments | Buy | $6 |
2010-04-05 | Initiated | Piper Jaffray | Overweight | $13 |
2009-06-26 | Reiterated | RBC Capital Mkts | Sector Perform | $4 to $5 |
2009-04-06 | Reiterated | RBC Capital Mkts | Sector Perform | $3 to $4 |
2008-10-21 | Initiated | UBS | Sell | |
2008-09-26 | Reiterated | Sterne Agee | Hold | $11 to $7.50 |
2008-08-13 | Downgrade | JP Morgan | Overweight to Neutral | |
2008-06-27 | Reiterated | Sterne Agee | Buy | $13 to $11 |
2008-04-10 | Reiterated | Sterne Agee | Buy | $15 to $13 |
2008-04-10 | Reiterated | RBC Capital Mkts | Sector Perform | $14 to $12 |
2008-02-19 | Reiterated | Sterne Agee | Buy | $18 to $15 |
2008-02-11 | Reiterated | Northland Securities | Market Perform | $11 to $9 |
2008-02-07 | Reiterated | Sterne Agee | Buy | $18 to $15 |
2016-04-07 | Upgrade | Dougherty & Co | Neutral to Buy | $3.25 |
2015-09-11 | Initiated Coverage | Brean Capital | Hold | |
2015-08-14 | Downgrade | Dougherty & Co | Buy to Neutral | |
2015-08-14 | Lower Price Target | Piper Jaffray | Overweight | $10.00 to $6.00 |
2015-08-14 | Downgrade | Brean Capital | Buy to Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In CBK 0 funds of 2213 total. Show all
Fund name | Ticker shares |
---|
Name Relationship | Total Shares | Holding stocks |
---|---|---|
DUSKIN JONATHAN | 12.01% (4432457) | CBK / CTRN / WTSL / |
Jones Keri L President & CEO | 0.67% (247874) | CBK / DKS / |
WALLER JOEL N President and CEO | 0.65% (240000) | CBK / |
Via LuAnn President & CEO | 0.60% (221635) | CBK / MELA / |
GOLDFARB MORRIS | 0.60% (219559) | CBK / GIII / LACO / OPY / RLJE / |
Sharpe William F. III | 0.51% (187726) | CBK / |
Snyder Paul L Chair, Board of Directors | 0.39% (142678) | CBK / |
JONES ANNE L | 0.32% (119712) | CBK / |
MICHIELUTTI PETER G SVP, Chief Financial Officer | 0.26% (95493) | CBK / |
KLEEBERGER KENT A | 0.24% (90303) | ARO / CBK / CHS / SCVL / |
WARDELL LISA W | 0.23% (86616) | CBK / DV / RLJE / |
JOHNSON SETH R | 0.22% (80303) | BEBE / CBK / TLYS / |
WEIL LAURA A | 0.22% (80303) | CBK / CCL / CUK / NWY / |
Komarek Luke SVP, General Counsel | 0.20% (74302) | CBK / |
Stensrud Patricia | 0.18% (66223) | CBK / CRWS / |
LEVIN DAVID A | 0.18% (66213) | CBK / DXLG / LL / |
Dahl Monica L SVP, Multi-Channel Marketing | 0.18% (64678) | CBK / |
HOLMAN EDWIN J | 0.16% (59015) | CBK / LZB / PTRY / |
Cohn Mark A | 0.13% (49267) | CBK / |
Stemper Cindy J SVP, Human Resources | 0.12% (42534) | CBK / |
Perket Patricia L SVP, Merchandising | 0.08% (30909) | CBK / |
Rice Michelle SVP, Store Operations | 0.07% (27487) | CBK / |
DERRY LYNN C SVP, GMM | 0.04% (14450) | CBK / |
Ungerman Marc VP, Controller | 0.03% (12257) | CBK / |
Meier Belinda D. Vice President, Controller | 0.02% (5863) | CBK / |