Citi Trends, Inc. (CTRN) News
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Latest CTRN News From Around the Web
Below are the latest news stories about Citi Trends Inc that investors may wish to consider to help them evaluate CTRN as an investment opportunity.
Citi Trends (CTRN) repaid $41.6M of borrowings under its revolving credit facility.Reinstates $30M share repurchase program. The Company expects to fund the share repurchase program from cash on hand. Reaffirms its Q3 of estimating a comparable store sales range of negative mid-single digits to flat with continued gross margin expansion...
Citi Trends (CTRN) reports Q2 comparable sales in reopened stores increased 32.2% exceeding expectations of mid to high single digits.Gross margin rate improved 390 bps to 41.2%, driven by full-priced sales.Operating margin rate grew to 12.2% vs. 0.1% year ago.The company is estimating a Q3 comparable store sales range of negative...
Citi Trends (CTRN): Q2 GAAP EPS of $1.90.Revenue of $216.15M (+18.2% Y/Y)Press Release...
Citi Trends, Inc. (CTRN) Q2 2020 Earnings Conference Call August 20, 2020 9:00 A.M. ET Company Participants Nitza McKee - Senior Associate, ICR LLC David Makuen - Chief Executive Officer Jason Moschner - Vice President of Finance Conference Call Participants Alex Silverman - AWM Investment Company Inc. Dana Telsey -...
Citi Trends (CTRN) has reopened 98% of its stores and is already reporting record YoY same store sales. Due to the current economic and employment impacts due to the pandemic, I believe Q2 and the rest of 2020 will continue to be strong for the discount retailer. Re-opening Success Citi...
Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home goods for way less spend primarily for African American families in the United States, today provided a second quarter-to-date business update and announced the formation of the CitiCARES™ Council.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
CTRN earnings call for the period ending May 2, 2020.
Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home goods primarily for African American families in the United States, today reported results for the first quarter ended May 2, 2020.
Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the first quarter of 2020 before the market opens on Thursday, May 28, 2020. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (303) 223-2680. A telephonic replay of the conference call will be available until June 4, 2020, by dialing (402) 977-9140 and entering the passcode, 21961443.