March 16, 2018 / 11:26 AM / 2 years ago

BRIEF-Citi Trends Reports Q4 Sales Rose 14.4 Pct To $212.1 Mln

March 16 (Reuters) - Citi Trends Inc:

* CITI TRENDS ANNOUNCES FOURTH QUARTER & FULL YEAR 2017 RESULTS AND NEXT STEPS UNDER ITS CAPITAL RETURN PROGRAM

* ‍AUTHORIZES $25 MILLION SHARE REPURCHASE PROGRAM​

* FOR 52-WEEK FISCAL YEAR ENDING FEBRUARY 2, 2019, COMPANY EXPECTS EARNINGS PER DILUTED SHARE IN RANGE OF $1.55 TO $1.70

* SEES FOR 52-WEEK FISCAL YEAR ENDING FEBRUARY 2, 2019 COMPARABLE STORE SALES TO INCREASE IN RANGE OF 2% TO 3%

* QTRLY ‍DILUTED NET INCOME PER COMMON SHARE $ 0.38​

* LOOKING AT LONGER TERM GOALS, COMPANY EXPECTS TO INCREASE COMPARABLE STORE SALES AT A RATE OF APPROXIMATELY 3% EACH YEAR

* ‍EXPECTS TO FUND $25 MILLION SHARE REPURCHASE FROM CASH ON HAND​ Source text for Eikon: Further company coverage:

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