Business Wire

Total year-over-year sales growth of 3.7% to $186.3 million

Comparable sales growth of 3.1%; Gross margin at 38.7%

Balance sheet continues to have ample liquidity and no debt

Company reiterates Fiscal 2024 EBITDA Outlook

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,... (continue reading...)

Return to Volume Growth Driven by Continued Execution

Third quarter highlights

• Sales grew 2.4% driven by volume improvement despite continued deflation of approximately 2%.
• Operating margin of 8.6% (9.2% on an adjusted basis).
• Diluted earnings per share of $2.18 ($2.32 on an adjusted basis) grew by 33.7% over the prior year (up 5.5% on an adjusted basis).
• Operating cash flow of $1,507 million on a fiscal year to date basis.
• Declared quarterly dividend... (continue reading...)

Chemours’ enhanced methodology now includes product and packaging circularity within its sustainability impact assessment

WILMINGTON, Del.--(BUSINESS WIRE)-- The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company, today announced the release of EVOLVE 2030 Version 2.0, the Company’s portfolio sustainability assessment methodology. EVOLVE 2030 helps Chemours evaluate its product offerings and product development pipeline in relation to... (continue reading...)

NEW YORK--(BUSINESS WIRE)-- Consortium Brand Partners (CBP), a leading and innovative consumer-focused investment manager, has announced the acquisition of Outdoor Voices (OV), the inspiring athleisure lifestyle brand founded in 2013 by Tyler Haney. This marks CBP’s second acquisition, following its announcement of a majority stake in Reese Witherspoon’s fashion & lifestyle brand, Draper James in September 2023.

This press release features multimedia. View the... (continue reading...)

BOCA RATON, Fla.--(BUSINESS WIRE)-- Today, Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announced the expansion of its capabilities under NASA’s long-standing multi-participant Rapid Spacecraft Acquisition IV (Rapid IV) Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract. NASA has on-ramped two additional space vehicle... (continue reading...)