CTRN News and Press, Citi Trends Inc. From 03/09/23

Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the fourth quarter and full year 2022 before the market opens on Tuesday, March 21, 2023. 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 telecon...

Summary Citi Trends has reported on holiday season results; although impacted by the inflationary environment, sales were within expectations at $171.9 million, a 16.1% YoY decrease. However, this was higher than in FY 2019. Citi Trends has increased its profit margin to 39.38% and seem...

Summary The Cato Corporation has faced some pressure over the past several quarters, with profits and cash flows pushed lower. This may turn some investors off of the firm, but shares of the business are still affordably priced. Add on top of this the firm's balance sheet situation,...

Total Sales for the nine-weeks ending December 31, 2022 of $171.9 million, in line with expectations Q4 2022 EPS expected to be in the range of $0.78 to $0.86; EPS for the second half of Fiscal 2022 expected to be in the range of $3.80 to $3.88, or $1.02 to $1.10 as adjusted*, compare...

Summary In 2022, the blended total return of my two managed accounts was +5.3%. In baseball parlance, in 2022, I hit exactly 'zero' extra base hits and had to manufacture runs - meaning hitting a lot of singles, stealing bases, and hitting sacrifice flies. 2022 was one of the most d...

Summary Tilly's had a really difficult 2022, with results in the first nine months of the year showing material deterioration in sales and profits. This trend is expected to have been prevalent in the final quarter and the overall picture near term isn't great. The firm is not as va...

Image source: The Motley Fool. Citi Trends (NASDAQ: CTRN) Q3 2022 Earnings Call Nov 29, 2022 , 9:00 a.m. ET Operator Continue reading For further details see: Citi Trends (CTRN) Q3 2022 Earnings Call Transcript

Total third quarter sales of $192.3 million with gross margin of 39.8% Comparable sales decreased 18.3% vs. 19.7% increase in Q3 2021 vs. Q3 2019; 3 year stack of 1.4% Net income of $24.6 million; adjusted operating income* of $2.4 million Diluted...

Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the third quarter of 2022 before the market opens on Tuesday, November 29, 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 teleco...

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...