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Citi Trends (CTRN) Misses Q3 EPS by 9c; Comps Fell 1%

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Citi Trends Announces Third Quarter 2016 Results

November 22, 2016 6:30 AM EST

Third quarter 2016 loss per share of $(0.06) compared with $0.04 income last year

Year-to-date 2016 income per share of $0.53 compared with $0.79 last year

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the third quarter of fiscal 2016.

Financial Highlights Third quarter ended October 29, 2016

Total sales in the third quarter ended October 29, 2016 increased 1.1% to $160.7 million compared with $158.9 million in the third quarter ended October 31, 2015. Comparable store sales decreased 1.0% in the quarter.

Net loss... More