Citi Trends (CTRN) Declares $0.08 Quarterly Dividend; 1.7% Yield

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Go back to Citi Trends (CTRN) Declares $0.08 Quarterly Dividend; 1.7% Yield

Citi Trends Announces Second Quarter 2017 Results and Declares Quarterly Cash Dividend

August 16, 2017 6:45 AM EDT

Second quarter comparable store sales increased 4.6%

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the second quarter of fiscal 2017.

Financial Highlights Second quarter ended July 29, 2017

Total sales in the second quarter ended July 29, 2017 increased 7.0% to $166.2 million compared with $155.3 million in the second quarter ended July 30, 2016. Comparable store sales increased 4.6% in the quarter.

The Company had a net loss of $(0.2) million, or net income of $0.4 million when adjusted for proxy contest-related expenses*,... More