Citi Trends (CTRN) Tops Q4 EPS by 7c

Go back to Citi Trends (CTRN) Tops Q4 EPS by 7c

Citi Trends Announces Fourth Quarter & Full Year 2017 Results and Next Steps under Its Capital Return Program

March 16, 2018 6:45 AM EDT

Fourth quarter 2017 pretax income increased 23% to $9.9 million

Fourth quarter comparable store sales up 5.6%

Authorizes $25 million share repurchase program

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the fourth quarter and fiscal year ended February 3, 2018.

The Companys 2017 fiscal year included 53 weeks compared with 52 weeks in fiscal 2016. Accordingly, year-over-year comparisons of total sales for the fourth quarter and full year are affected by an extra week of sales in 2017. However, for... More