Citi Trends

Citi Trends, Inc. engages in the retail of urban fashion apparel, accessories, and home decor. It offers products under its Citi Steps and Red Ape brands. The company was founded in 1946 and is headquartered in Savannah, GA.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Citi Trends meets Q1 guidance amidst economic challenges, focuses on efficiency

Citi Trends faced challenges in sales and margin, but maintained strong liquidity. The company is focused on managing inventory and expenses, while also investing in technology enhancements. Partnerships and the upcoming ERP system present opportunities for future growth and efficiency.

CTRN reports positive Q2 momentum but faces sales challenges

CTRN's Q2 performance showed positive momentum but also highlighted challenges in total sales and various operational aspects. The company's focus on providing affordable trends to lower-income families remains a strength, while addressing inventory management and economic factors presents opportunities for future growth.

Citi Trends reports Q3 challenges, focuses on top-line growth opportunities

CTRN's Q3 2023 performance reflected a mix of strengths and challenges. The company's focus on driving top-line sales, expanding marketing testing, and leveraging the new ERP system presents opportunities for growth. However, the outlook for fiscal 2023 suggests a cautious approach due to expected sales decline.

Citi Trends reports resilient margins in Q4 2022 earnings call

Citi Trends navigated 2022 with strong margins and cost control, facing challenges in early 2023 but eyeing improvements. The company is strategically focused on store productivity, inventory management, and technology enhancements. With a stable balance sheet and cash reserves, Citi Trends aims to capitalize on opportunities for growth and efficiency.

Citi Trends reports Q1 sales decline, invests in tech upgrades

Citi Trends navigated Q1 challenges with a focus on strategic priorities, corporate social responsibility, and technology enhancements.
While facing macroeconomic headwinds, the company is actively managing inventory and preparing for upcoming seasons.
Investments in modernizing operations and staying relevant in fashion trends position Citi Trends for future growth opportunities.

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Citi Trends, Inc. engages in the retail of urban fashion apparel, accessories, and home trends. It offers products under its Citi Steps and Red Ape brands. The company was founded in 1946 and is headquartered in Savannah, GA.

SAVANNAH, Ga.--(BUSINESS WIRE)--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 multicultural families in the United States, today reported results for the second quarter ended July 29, 2023. Financial Highlights – Second Quarter 2023 Total sales of $173.6 million decreased 6.2% vs. Q2 2022; Comparable store sales decreased 5.3% compared to Q2 2022, an 880 bps improvement to Q1 202.

Citi Trends Announces Second Quarter 2023 Results

SAN FRANCISCO , Aug. 17, 2023 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating a data breach impacting the employee records of Citi Trends, Inc., a Savannah, Georgia-based retailer with more than 600 stores nationwide.  According to Citi Trends, the data breach took place on or around January 14, 2023 and resulted in the theft of personal information provided by employees and prospective employees, including full names, Social Security numbers, dates of birth, bank and financial account information, routing numbers, and other information shared in connection with employment.

PRIVACY ALERT: Citi Trends Retailer Under Investigation for Data Breach of Employee Records

SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the second quarter 2023 before the market opens on Tuesday, August 22, 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 teleconference is (415) 226-5356. A telephonic replay of the conference call will be available until August 29, 2023, by dialing (800) 633-8284 and entering the passcode, 22027692. The live.

Citi Trends Sets Date for Second Quarter 2023 Earnings Release and Conference Call

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Citi Trends, Inc. (NASDAQ:CTRN ) Q1 2023 Earnings Conference Call May 23, 2023 9:00 AM ET Company Participants David Makuen - Chief Executive Officer Heather Plutino - Chief Financial Officer Nitza McKee - Senior Associate, ICR IR Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Dana Telsey - Telsey Advisory Group John Lawrence - The Benchmark Company Operator Greetings, and welcome to the Citi Trends First Quarter 2023 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.

Citi Trends, Inc. (CTRN) Q1 2023 Earnings Call Transcript

Citi Trends (CTRN) came out with a quarterly loss of $0.66 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to earnings of $0.42 per share a year ago.

Citi Trends (CTRN) Reports Q1 Loss, Lags Revenue Estimates

SAVANNAH, Ga.--(BUSINESS WIRE)--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 multicultural families in the United States, today reported results for the first quarter ended April 29, 2023. Financial Highlights – First Quarter 2023 Total sales decreased 13.7% vs. Q1 2022 in line with guidance; Comparable store sales decreased 14.1% compared to Q1 2022 Gross margin of 36.7%, or 37.

Citi Trends Announces First Quarter 2023 Results

SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the first quarter 2023 before the market opens on Tuesday, May 23, 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 teleconference is (415) 226-5357. A telephonic replay of the conference call will be available until May 30, 2023, by dialing (800) 633-8284 and entering the passcode, 22026757. The live broadca.

Citi Trends Sets Date for First Quarter 2023 Earnings Release and Conference Call

Citi Trends, Inc. (NASDAQ:CTRN ) Q4 2022 Earnings Conference Call March 21, 2023 9:00 AM ET Company Participants David Makuen - CEO Heather Plutino - CFO Nitza McKee - Senior Associate, ICR IR Conference Call Participants Dana Telsey - Telsey Advisory Group Jeremy Hamblin - Craig-Hallum Capital Group Chuck Grom - Gordon Haskett John Lawrence - The Benchmark Company Operator Greetings, and welcome to the Citi Trends Fourth Quarter and Fiscal Year 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.

Citi Trends, Inc. (CTRN) Q4 2022 Earnings Call Transcript

Shares of Citi Trends Inc. CTRN, +1.57% sank 5.9% toward a four-month low in premarket trading Tuesday, after the discount apparel and accessories retailer for African American and multicultural families provided a downbeat sales outlook, while beat fourth-quarter results beat expectations. The company expects first-quarter sales to decline in the low double-digit percentage range, while the FactSet sales consensus of $212.2 million implies a 1.9% increase, as the macroeconomic environment keeps pressure on low income families, which is the bulk of its customer base.

Citi Trends stock drops toward 4-month low after downbeat outlook, as low income customers to remain under pressure

SAVANNAH, Ga.--(BUSINESS WIRE)--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 multicultural families in the United States, today reported results for the fourth quarter and full year ended January 28, 2023.

Citi Trends Announces Fourth Quarter and Fiscal 2022 Results

SAVANNAH, Ga.--(BUSINESS WIRE)--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 teleconference is (212) 231-2928.

Citi Trends Sets Date for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

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 seems to have managed to control inventory levels better than competitors.

Citi Trends: Shows Potential Amidst Strong Headwinds

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Capri Holdings (CPRI), American Eagle (AEO), Urban Outfitters (URBN) and Citi Trends (CTRN) have been focusing on superior product strategy, advancement of omni-channel capabilities and prudent capital investments.

4 Retail-Apparel & Shoes Stocks Worth Investing in Amid Industry Concerns

Citi Trends (CTRN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Why Fast-paced Mover Citi Trends (CTRN) Is a Great Choice for Value Investors

Citi Trends (CTRN) posts soft holiday performance. Total sales for the nine-week period ending Dec 31, 2022 tumbled 16.1% year over year.

Citi Trends (CTRN) Posts Holiday Results, Sales Dip 16.1% Y/Y

SAVANNAH, Ga.--( BUSINESS WIRE )--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 announced results for its holiday selling period.

Citi Trends Announces 2022 Holiday Sales Results

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The holiday season is helping the struggling retail sector by boosting sales, which is likely to benefit stocks like Urban Outfitters, Inc. (URBN), Citi Trends, Inc. (CTRN), Ross Stores, Inc. (ROST) and Chico's FAS, Inc. (CHS).

4 Solid Stocks to Buy as Holiday Season Boosts Retail Sales

It is prudent to scoop up Apparel stocks such as Chico's (CHS), American Eagle (AEO) and Citi Trends (CTRN) that are currently the victims of the wild swings in the Wall Street.

3 Bargain Apparel Stocks to Buy Before Recession Fears Subside

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Citi Trends (CTRN) Stock?

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American Eagle (AEO), Arhaus (ARHS), Expedia Group (EXPE) and Citi Trends (CTRN) are currently the victims of the wild swings that Wall Street has witnessed in 2022.

4 Beaten-Down Retail Stocks Poised for a Turnaround in 2023

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Citi Trends (CTRN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Citi Trends (CTRN) Is Still a Bargain Stock

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The holiday season is helping the struggling retail sector by boosting sales. This is likely to benefit stocks like Chico's FAS, Inc. (CHS), Citi Trends, Inc. (CTRN), Urban Outfitters, Inc. (URBN), PC Connection, Inc. (CNXN) and Ross Stores, Inc. (ROST).

Holiday Season Sales Aiding Retail Sector Rebound: 5 Winners

Citi Trends (CTRN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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