Citi Trends (CTRN) Misses Q1 EPS by 9c

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Citi Trends Announces First Quarter Fiscal 2024 Results

June 4, 2024 6:45 AM EDT

Total year-over-year sales growth of 3.7% to $186.3 million

Comparable sales growth of 3.1%; Gross margin at 38.7%

Balance sheet continues to have ample liquidity and no debt

Company reiterates Fiscal 2024 EBITDA Outlook

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 multicultural families in the United States, today reported results for the first quarter ended May 4,... More