Citi Trends (CTRN) Misses Q3 EPS by 43c

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Go back to Citi Trends (CTRN) Misses Q3 EPS by 43c

Citi Trends Announces Third Quarter 2023 Results

November 28, 2023 6:45 AM EST

Total third quarter sales of $179.5 million; Year-to-date total sales of $532.8 million

Strong gross margin of 38.2%; Year-to-date gross margin of 37.7%, or 37.8% as adjusted*

Total liquidity of $135 million and no debt

Improved topline momentum fourth quarter to date

Company provides updated fiscal 2023 guidance

SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and... More