Citi Trends, Inc. (CTRN) News
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CTRN News Highlights
- CTRN's 30 day story count now stands at 6.
- Over the past 5 days, the trend for CTRN's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
- ACT and EARN are the most mentioned tickers in articles about CTRN.
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.
Why Citi Trends Stock Cratered 18% TodayAnalysts had predicted Citi Trends would earn $0.09 per share on nearly $200 million in sales in the second quarter of 2022, but in fact, Citi Trends lost money for the quarter -- $0.31 per share -- and its sales fell short at only $185 million. Perhaps most disappointing was the fact that earnings -- which were already expected to be down significantly from last year's $1.36-per-share quarterly profit -- didn't just fall but actually flipped from black to red ink with the $0.31 per share loss. Recapping the results, CEO David Makuen in a statement admitted that the quarter was "challenging," and blamed "extraordinary pressure from widespread inflation" for decreased foot traffic in Citi Trends' stores, and decreased spending by those shoppers who did show up. |
Citi Trends (CTRN) Q2 2022 Earnings Call TranscriptThank you for joining us on Citi Trends second quarter 2022 earnings call. On our call today is our chief executive officer, David Makuen; and chief financial officer, Heather Plutino. You should be aware that prepared remarks today made during this call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. |
Edited Transcript of CTRN.OQ earnings conference call or presentation 24-Aug-22 1:00pm GMTQ2 2022 Citi Trends Inc Earnings Call |
Citi Trends (CTRN) Reports Q2 Loss, Misses Revenue EstimatesCiti Trends (CTRN) delivered earnings and revenue surprises of -263.16% and 9.71%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock? |
Citi Trends Announces Second Quarter 2022 ResultsSAVANNAH, Ga., August 24, 2022--Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today reported results for the second quarter ended July 30, 2022. |
Are Robust Financials Driving The Recent Rally In Citi Trends, Inc.'s (NASDAQ:CTRN) Stock?Citi Trends' (NASDAQ:CTRN) stock is up by a considerable 30% over the past month. Given the company's impressive... |
Citi Trends Sets Date for Second Quarter 2022 Earnings Release and Conference CallSAVANNAH, Ga., August 10, 2022--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the second quarter of 2022 before the market opens on Wednesday, August 24, 2022. 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 (212) 231-2900. A telephonic replay of the conference call will be available until August 30, 2022, by dialing (402) 977-9140 and entering the passcode, 22019378. |
Is Now An Opportune Moment To Examine Citi Trends, Inc. (NASDAQ:CTRN)?Citi Trends, Inc. ( NASDAQ:CTRN ), might not be a large cap stock, but it received a lot of attention from a... |
The past year for Citi Trends (NASDAQ:CTRN) investors has not been profitableAs every investor would know, you don't hit a homerun every time you swing. But serious investors should think long and... |
Is the Options Market Predicting a Spike in Citi Trends (CTRN) Stock?Investors need to pay close attention to Citi Trends (CTRN) stock based on the movements in the options market lately. |