Citi Trends, Inc. - Common Stock (CTRN)

Citi Trends, Inc. (NASDAQ: CTRN) reported strong Q1 earnings with sales up 8.3%, beating estimates. CEO optimistic about controlling costs amidst uncertainties.

CTRN earnings call for the period ending December 31, 2024.

Citi Trends shares rise after reporting its fourth-quarter earnings. Despite a 1.8% sales decline to $211.17 million, the company saw a 6.4% increase in comparable store sales. Citi Trends reported a 60-basis-point expansion in gross margin.

Holidays shoppers were out in force and these retail stocks benefited the most.

CTRN earnings call for the period ending September 30, 2024.

Citi Trends (NASDAQ: CTRN) stock up after reporting Q3 results, with sales beating expectations and gross margin increasing. New CEO appointed.

CTRN earnings call for the period ending June 30, 2024.

Citi Trends reported lower sales and gross margin in Q2 2024 due to inventory reset. The company plans to close 10-15 stores this year.

The LSEG U.S. Retail and Restaurant Q2 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 12.7% growth over last year’s levels.