Citi Trends (CTRN) Reports Q4 EPS of $0.84, Revenues Beat; Provides FY20 EPS Outlook
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Citi Trends Announces Fourth Quarter & Full Year 2019 Results
March 13, 2020 6:45 AM EDTFourth quarter comparable store sales up 3.1%
Fourth quarter earnings per diluted share up 42% to $0.84, or up 49% to $0.88 on an adjusted basis*
Fourth quarter gross profit expands 235 basis points to 39.7%
Continued capital return program, returning $32 million to shareholders in fiscal 2019 and authorizing a new $30 million share repurchase program
Fiscal 2019 earnings per diluted share were $1.41, or $1.56 on an adjusted basis* exceeding prior guidance
Initial guidance for fiscal 2020 earnings per diluted share of $1.75... More
