Citi Trends (CTRN) Reports Q1 EPS of $0.65

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Citi Trends Announces First Quarter 2020 Results and Provides Other Updates

May 28, 2020 6:45 AM EDT

Strong liquidity with cash and investments of $108.1 million at the end of the first quarter

First quarter sales $116 million and loss per share ($2.00), or ($1.94) on an adjusted basis*

Safely reopened 498 stores from April 24, 2020 to date that have registered strong comparable store sales growth, substantially exceeding expectations

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home goods primarily for African American families in the United States,... More