Citi Trends (CTRN) Declares $0.08 Quarterly Dividend; 1% Yield

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Go back to Citi Trends (CTRN) Declares $0.08 Quarterly Dividend; 1% Yield

Citi Trends Announces First Quarter 2018 Results and Declares Quarterly Dividend

May 23, 2018 6:45 AM EDT

Total Sales increased 5.5%; Comparable Store Sales up 2.1%

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today reported unaudited results for the first quarter of fiscal 2018.

Financial Highlights First quarter ended May 5, 2018

Total sales in the first quarter ended May 5, 2018 increased 5.5% to $211.0 million compared with $200.0 million in the first quarter ended April 29, 2017. Comparable store sales increased 2.1%, comparing the 13 weeks ended May 5, 2018 with the 13 weeks ended May 6, 2017.

Net income in the first quarter of 2018 was $11.3 million, compared with... More