CTRN News and Press, Citi Trends Inc. From 08/24/22

Total second quarter sales of $185.0 million with gross margin of 38.1% Comparable sales decreased 24.9% vs. 25.6% increase in Q2 2021 vs. Q2 2019; 3 year stack of 0.7% First half 2022 net income of $27.7 million; adjusted EBITDA* of $12.1 million ...

Citi Trends ( NASDAQ: CTRN ) is scheduled to announce Q2 earnings results on Wednesday, August 24th, before market open. The consensus EPS Estimate is $0.10 (-92.6% Y/Y) and the consensus Revenue Estimate is $199.59M (-15.9% Y/Y). Over the last 1 year, CTRN has beate...

Retail stocks jumped in mid-day trading on Wednesday after a moderation in CPI to a pace of 8.5% in July from 9.1% in June raised hopes that inflation has peaked and interest rate forecasts for late 2022 through 2023 will be brought down somewhat. "The deceleration in the Consumer Price...

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 telec...

A notable development in the retail sector popped up on Thursday when Gordon Haskett upgraded Dollar General ( NYSE: DG ) to a Buy rating after pointing to strong traffic trends. Analyst Chuck Grom and team believe the phenomenon manifested over the past few months per meeti...

Destination XL Group has done well from a revenue and profitability perspective in recent months. This has allowed the company to outperform the broader market, but shares are still down as of late. Although the stock is cheap, the long-term picture doesn't look great and this yea...

The Cato Corporation has had a mixed operating history in recent years, with a general decline in store count affecting the firm. Even so, shares are very cheap at this point in time, and some upside could be had. But only investors who are comfortable with elevated risk should co...

Citi Trends (NASDAQ:CTRN) said Thursday it appointed Heather Plutino as CFO, effective Jun. 27. Plutino most recently served as SVP of enterprise financial planning & analysis and commercial finance at Bed Bath & Beyond. For further details see: Citi Trends hires former Bed Bath...

Citi Trends, Inc. (NASDAQ: CTRN), a growing 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 announced that Heather Plutino has been appointed Chief Financial Officer effect...

Citi Trends is a retailer of apparel, accessories, and home trends targeting the African American and Latinx consumers in the United States. Management is also building stores that don’t need a lot of initial cash investment, which makes the business model quite profitable. ...