Citi Trends (CTRN) Misses Q4 EPS by 27c, Misses on Revenue; Offers Guidance

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Go back to Citi Trends (CTRN) Misses Q4 EPS by 27c, Misses on Revenue; Offers Guidance

Citi Trends Announces Fourth Quarter and Fiscal 2023 Results

March 19, 2024 6:45 AM EDT

Q4 2023 total sales of $215.2 million with gross margin of 39.1%

Q4 2023 diluted EPS of $0.42; adjusted diluted EPS* of $0.53

Fiscal 2023 total sales of $747.9 million

Company ends Fiscal 2023 with $155 million of liquidity, including $80 million of cash and no debt

Company provides outlook for Fiscal 2024; expects mid-single digit comp increase

Q1 2024 to date comp trend consistent with outlook

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