Citi Trends (CTRN) Tops Q4 EPS by 7c, Offers FY Guidance

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Go back to Citi Trends (CTRN) Tops Q4 EPS by 7c, Offers FY Guidance

Citi Trends Announces Fourth Quarter & Fiscal 2020 Results

March 16, 2021 6:45 AM EDT

Fourth quarter total sales increased 19.4% to $251.9 million and comparable sales increased 16.7%

Fourth quarter gross margin increased 300 bps to 42.7%

Fourth quarter operating margin expanded 410 bps to 9.4% compared to 5.3% in the prior year period

Earnings per diluted share of $1.81 compared to $0.84 in the fourth quarter of 2019

Expects to deliver full year 2021 total sales growth of 11.0% to 15.0%

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc.... More