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Citi Trends Inc (CTRN.OQ)

CTRN.OQ on NASDAQ Stock Exchange Global Select Market

15.30USD
16 Aug 2019
Change (% chg)

$0.23 (+1.53%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Citi Trends Says CEO Bruce Smith To Step Down; Begins Search For Successor
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Citi Trends Inc ::CITI TRENDS ANNOUNCES CEO TRANSITION.CITI TRENDS INC - BRUCE SMITH TO STEP DOWN.CITI TRENDS INC - DIRECTOR SACHSE TO SERVE AS SPECIAL ADVISOR AND ASSIST WITH TRANSITION.CITI TRENDS INC - SMITH HAS AGREED TO CONTINUE TO SERVE AS CEO UNTIL EARLIER OF WHEN HIS SUCCESSOR IS IN PLACE OR FEBRUARY 1, 2020.CITI TRENDS INC - BOARD HAS FORMED A SEARCH COMMITTEE TO IDENTIFY COMPANY'S NEW CEO AND RETAINED AN EXECUTIVE SEARCH FIRM TO ASSIST IN PROCESS.CITI TRENDS INC - SMITH HAS AGREED TO CONTINUE TO SERVE AS CEO UNTIL EARLIER OF WHEN HIS SUCCESSOR IS IN PLACE OR FEBRUARY 1, 2020.  Full Article

Citi Trends Reaches Agreement With Macellum
Thursday, 11 Apr 2019 

April 11 (Reuters) - Citi Trends Inc ::CITI TRENDS REACHES AGREEMENT WITH MACELLUM.CITI TRENDS INC - PETER R. SACHSE TO BE NOMINATED TO STAND FOR ELECTION AT 2019 ANNUAL MEETING.CITI TRENDS INC - JOHN S. LUPO TO RETIRE FROM BOARD; BRIAN P. CARNEY TO BE CHAIRMAN AFTER 2019 MEETING.CITI TRENDS INC - MACELLUM AGREES TO STANDSTILL PROVISIONS THROUGH 2020 ANNUAL MEETING.CITI TRENDS INC - NOMINATING AND CORPORATE GOVERNANCE COMMITTEE TO INITIATE SEARCH FOR ADDITIONAL QUALIFIED INDEPENDENT DIRECTOR.  Full Article

Citi Trends Reports Q4 EPS Of $0.59
Friday, 15 Mar 2019 

March 15 (Reuters) - Citi Trends Inc ::CITI TRENDS ANNOUNCES FOURTH QUARTER & FULL YEAR 2018 RESULTS.SEES FY 2019 EARNINGS PER SHARE $1.85 TO $1.95.Q4 SALES FELL 5.2 PERCENT TO $201.2 MILLION.SEES Q1 EARNINGS PER SHARE $0.83 TO $0.87.Q4 EARNINGS PER SHARE $0.59.COMPARABLE STORE SALES UP 0.2% IN Q4.HAVING ONE FEWER WEEK IN 2018 DID NOT HAVE A SIGNIFICANT IMPACT ON YEAR-OVER-YEAR EARNINGS COMPARISON.Q1 OF FISCAL 2019 IS OFF TO A SLOW START.COMPARABLE STORE SALES DECREASE OF 8% FOR FIRST FIVE-PLUS WEEKS OF 13-WEEK PERIOD OF Q1.COMPANY'S GUIDANCE FOR Q1 IS BASED ON A COMPARABLE STORE SALES DECLINE OF APPROXIMATELY 3%.CITI TRENDS -DELAYED TAX REFUNDS, DECLINE OF OVER 3% IN TOTAL TAX REFUNDS VERSUS LAST YEAR RESULTED IN SIGNIFICANT FLUCTUATIONS IN SALES STARTING MID-FEB.SEES 2019 COMPARABLE STORE SALES INCREASE IN A RANGE OF 1% TO 2%.  Full Article

Citi Trends Declares Dividend
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Citi Trends Inc ::CITI TRENDS DECLARES DIVIDEND AND SETS DATE FOR FOURTH QUARTER 2018 EARNINGS RELEASE AND CONFERENCE CALL.CITI TRENDS INC - DECLARED A QUARTERLY DIVIDEND OF $0.08 PER COMMON SHARE.  Full Article

Citi Trends Says Revised Diluted Earnings Per Share Guidance Downward For Q4
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Citi Trends Inc ::CITI TRENDS - TOTAL SALES IN FIRST TWO MONTHS OF Q4 $161.9 MILLION VERSUS $165.1 MILLION.CITI TRENDS INC - TOTAL SALES IN FIRST TWO MONTHS OF Q4 OF 2018 DECREASED 1.9% TO $161.9 MILLION.CITI TRENDS - COMPARING NINE WEEKS ENDED JAN 5, WITH NINE WEEKS ENDED JAN 6, 2018, COMPARABLE STORE SALES DECREASED 0.7%.CITI TRENDS - REVISED DILUTED EARNINGS PER SHARE GUIDANCE DOWNWARD FOR Q4.CITI TRENDS INC SEES Q4 DILUTED EPS IN RANGE OF $0.54 - $0.58.CITI TRENDS INC SEES FULL YEAR FISCAL 2018 EPS GUIDANCE IN RANGE OF $1.60 - $1.64.CITI TRENDS INC - LONG-TERM GOAL OF $4 OF EARNINGS PER SHARE WITHIN NEXT FIVE YEARS.  Full Article

Citi Trends Reports Q3 Same Store Sales Rose 0.6 Pct
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Citi Trends Inc ::CITI TRENDS ANNOUNCES THIRD QUARTER 2018 RESULTS AND AUTHORIZES NEW $25 MILLION SHARE REPURCHASE PROGRAM.Q3 LOSS PER SHARE $0.04.Q3 SAME STORE SALES ROSE 0.6 PERCENT.SEES Q4 EARNINGS PER SHARE $0.60 TO $0.65.SEES Q4 SALES DOWN 3 TO 4 PERCENT.SEES FY 2018 EARNINGS PER SHARE $1.66 TO $1.71.Q3 REVENUE $175.4 MILLION.MAINTAINING Q4 GUIDANCE.DECLARES QUARTERLY DIVIDEND.Q3 COMPARABLE STORE SALES INCREASED 0.6%.HAS DECLARED A QUARTERLY CASH DIVIDEND OF $0.08 PER COMMON SHARE.AUTHORIZATION OF ANOTHER $25 MILLION SHARE REPURCHASE PROGRAM, WHICH COMPANY EXPECTS TO FUND FROM CASH ON HAND.Q4 COMPARABLE STORE SALES ARE EXPECTED TO INCREASE IN A RANGE OF 1% TO 2%.TOTAL SALES ARE EXPECTED TO DECREASE IN A RANGE OF 3% TO 4% IN Q4.ALSO REITERATING ITS LONGER TERM GOALS."EXPERIENCED A FASHION MISS IN OUR LADIES' APPAREL CATEGORY" IN QUARTER; HAVE TAKEN CORRECTIVE ACTION IN LADIES' AREA.QTRLY TOTAL SALES DECREASED 0.9%.  Full Article

Citi Trends Reports Q2 EPS $0.24
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Citi Trends Inc ::CITI TRENDS ANNOUNCES SECOND QUARTER 2018 RESULTS AND DECLARES QUARTERLY CASH DIVIDEND.SEES Q3 LOSS PER SHARE $0.03 TO $+0.02.Q2 SAME STORE SALES ROSE 3.3 PERCENT.RAISES FY 2018 EARNINGS PER SHARE VIEW TO $1.65 TO $1.75.SEES Q3 SALES UP 2 TO 3 PERCENT.SEES Q4 SALES DOWN 2 TO 3 PERCENT.Q2 EARNINGS PER SHARE $0.24.Q2 REVENUE $182 MILLION.COMPARABLE STORE SALES ARE EXPECTED TO INCREASE IN A RANGE OF 2% TO 3% IN BOTH THIRD AND FOURTH QUARTERS.SEES Q4 EPS IN RANGE OF $0.60 TO $0.65.  Full Article

Citi Trends Reports Q1 EPS $0.83
Wednesday, 23 May 2018 

May 23 (Reuters) - Citi Trends Inc ::CITI TRENDS ANNOUNCES FIRST QUARTER 2018 RESULTS AND DECLARES QUARTERLY DIVIDEND.REAFFIRMS FY 2018 EARNINGS PER SHARE VIEW $1.55 TO $1.70.Q1 EARNINGS PER SHARE $0.83.Q1 REVENUE $211 MILLION.QTRLY COMPARABLE STORE SALES UP 2.1 PCT.QTRLY COMPARABLE STORE SALES UP 2.1 PCT.CITI TRENDS - COMPARABLE STORE SALES INCREASED 10% THUS FAR IN MAY.TOTAL SALES IN Q1 INCREASED 5.5 PCT TO $211.0 MILLION.  Full Article

Citi Trends Announces 2017 Holiday Sales Results
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Citi Trends Inc ::NOVEMBER SAME STORE SALES ROSE 5.5 PERCENT.CITI TRENDS - SALES FOR FIRST TWO MONTHS OF Q4 WERE $165.1 MILLION VERSUS $153.9 MILLION.SEES Q4 2017 EARNINGS PER SHARE $0.40 TO $0.45.SEES Q4 SALES ABOUT $211 MILLION.CITI TRENDS - COMPARABLE STORE SALES ROSE ‍4.8% IN FIRST TWO MONTHS OF QUARTER.  Full Article

CITI TRENDS Q3 EARNINGS PER SHARE $0.05
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Citi Trends Inc ::CITI TRENDS ANNOUNCES THIRD QUARTER 2017 RESULTS.Q3 EARNINGS PER SHARE $0.05.Q3 REVENUE $176.9 MILLION.CITI TRENDS INC - QTRLY ‍COMPARABLE STORE SALES INCREASED 7.4%.  Full Article