2023-05-23 07:08:11 ET
- Citi Trends press release ( NASDAQ: CTRN ): Q1 Non-GAAP EPS of -$0.66.
- Revenue of $179.7M.
- Gross margin of 36.7%, or 37.0% as adjusted* vs. 39.0% in Q1 2022.
- Operating loss was $9.5 million, or a loss of $7.9 million as adjusted*, compared to operating income of $39.7 million, or $4.7 million as adjusted* in Q1 2022.
- Total liquidity of approximately $164 million at the end of the quarter, made up of $88.7 million of cash, no borrowings under a $75 million credit facility, and no debt
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Citi Trends Non-GAAP EPS of -$0.66, revenue of $179.7M