Citi Trends (CTRN) Tops Q4 EPS by 2c

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Citi Trends Announces Fourth Quarter and Fiscal 2016 Results

March 10, 2017 6:45 AM EST

Fourth quarter 2016 net income increased 60% to $5.6 million

Full year net income per diluted share of $0.91 compared with $1.03 last year

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the fourth quarter and fiscal year ended January 28, 2017.

Financial Highlights 13-week fourth quarter ended January 28, 2017

Total sales in the 13 weeks ended January 28, 2017 increased 5.4% to $185.5 million compared with $176.1 million in the 13 weeks ended January 30, 2016. Comparable store sales increased 3.4% in the fourth quarter.

Net... More