CTRN News and Press, Citi Trends Inc. From 11/10/22

Summary With the leadership of Duskin, in the last 3 years, the business has improved a lot and has created substantial value for the shareholders through share buybacks and margin expansion. Citi Trends has been enjoying strong customer loyalty, which has created a substantial co...

Summary The Cato Corporation has faced some deterioration in its operations as of late, but this doesn't make the company a bad prospect. Shares are cheap on an absolute basis, meaning that some upside potential could be on the table. Add in the very low risk of the firm thank...

Summary Year-to-date through August 31, 2022, in cumulative dollars, my two portfolios are up 6.2% compared to major losses for the broader indices. In my larger, flagship account, my three-year compound annual return is 43%. This piece discusses market strategy and what has d...

Citi Trends ( NASDAQ: CTRN ) stock continued to fall on Thursday, extending losses to over 30% from its mid-August peak. The slump in shares has been led by an over 20% drop in just the past two days after the company posted weak Q2 results that included a surprise EPS loss ...

Shares of retail clothier Citi Trends (NASDAQ: CTRN) plummeted in early trading Wednesday, and as of 12:45 p.m. ET remains down 17.8% after the company missed earnings badly this morning. Analysts had predicted Citi Trends would earn $0.09 per share on nearly $200 million in sal...

Image source: The Motley Fool. Citi Trends (NASDAQ: CTRN) Q2 2022 Earnings Call Aug 24, 2022 , 9:00 a.m. ET Operator Continue reading For further details see: Citi Trends (CTRN) Q2 2022 Earnings Call Transcript

Citi Trends ( NASDAQ: CTRN ) stock fell to an over 3-week low on Wednesday after the apparel chain posted weak Q2 results and slashed its 2022 guidance as customers cut back on discretionary shopping amid high inflation. CTRN will now focus cutting SG&A expenses to a...

Citi Trends, Inc. (CTRN) Q2 2022 Earnings Conference Call August 24, 2022 09:00 AM ET Company Participants Nitza McKee - Senior Associate-ICR, LLC David Makuen - Chief Executive Officer Heather Plutino - Chief Financial Officer Conference Call Participants ...

Citi Trends press release ( NASDAQ: CTRN ): Q2 GAAP EPS of -$0.31 misses by $0.38 . Revenue of $185.01M (-22.0% Y/Y) misses by $14.58M . Comparable sales decreased 24.9% vs. 25.6% increase in Q2 2021 vs. Q2 2019; 3 year stack of 0.7% Gross margin of 3...

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 ...