Citi Trends (CTRN) Tops Q1 EPS by 33c, Offers FY Guidance

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Citi Trends Announces Record First Quarter 2021 Results

May 25, 2021 6:45 AM EDT

First quarter total sales increased 145.8% vs Q1 2020 and 39.2% vs Q1 2019

First quarter gross margin increased 1,530 bps to 42.6%

First quarter operating margin of 13.7% compared to (23.7%) in Q1 2020

Earnings per diluted share of $3.23 compared to ($2.00) in Q1 2020

Raising full year 2021 guidance following record first quarter

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home... More