Citi Trends (CTRN) Declares $0.06 Quarterly Dividend; 1.5% Yield

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Go back to Citi Trends (CTRN) Declares $0.06 Quarterly Dividend; 1.5% Yield

Citi Trends Announces First Quarter 2016 Results and Declares Quarterly Dividend

May 18, 2016 6:45 AM EDT

First quarter 2016 diluted earnings per share of $0.60 compared with $0.74 last year

Comparable store sales decreased 2.7% in first quarter

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

Financial Highlights First quarter ended April 30, 2016

Total sales in the first quarter ended April 30, 2016 decreased 0.6% to $193.7 million compared with $194.9 million in the first quarter ended May 2, 2015. Comparable store sales decreased 2.7% in the quarter.

The Company had net income of $8.7... More