MINNEAPOLIS, Mar 8, 2007 -- Christopher & Banks Corporation (CBK) today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share, to be payable April 10, 2007, to shareholders of record at the close of business on March 23, 2007.
Christopher & Banks Corporation is a Minneapolis-based specialty retailer of women's clothing. The Company operates 778 stores in 45 states under the names: Christopher & Banks, CJ Banks and Acorn. The Company currently has 524 Christopher & Banks stores, 218 CJ Banks stores and 36 Acorn stores.
This release contains forward-looking statements regarding future performance of the Company. The achievement of such results is subject to certain risks and uncertainties, including changes in economic, market and weather conditions, the effect of consumer tastes and spending habits, the realization of expected economies gained through the use of private label and direct import merchandise, management of growth and other factors outside the Company's control, including factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that may arise after the date hereof.