Citi Trends Announces CEO Appointment and Q3 Comparable Store Sales Above Guidance
Citi Trends, Inc. (CTRN)
Last citi trends, inc. earnings: 5/23 06:45 am
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US:NASDAQ Investor Relations:
ir.cititrends.com
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Source: Business Wire
Appoints Ken Seipel as Chief Executive OfficerReports Preliminary Third Quarter Results above prior outlookQ3 2024 Preliminary Total Sales of $179.1 million, comparable store sales increase of 5.7% SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends Inc. (NASDAQ: CTRN) today announced the Board of Directors has appointed Kenneth (Ken) Seipel as Chief Executive Officer, effective November 18, 2024. Mr. Seipel has been serving as the Interim CEO of Citi Trends since June 1, 2024, and on the Board of Directors since 2019. Concurrently, the Board appointed Peter Sachse, the current Executive Chairman of the Board, as Chairman of the Board.In addition, the Company is announcing preliminary Q3 2024 results with sales of $179.1 million and comparable store sales growth of 5.7% vs. Q3 2023. Q3 sales results are expected to be above the Company’s previous outlook of second half comparable store sales results flat to up low single digits compared to prior year. Gross margin for Q3 2024 is expected t
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News
- Citi Trends, Inc. (NASDAQ: CTRN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Citi Trends, Inc. (NASDAQ: CTRN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Citi Trends Announces CEO Appointment and Q3 Comparable Store Sales Above Guidance [Yahoo! Finance]Yahoo! Finance
- Citi Trends Sets Date for Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Citi Trends Second Quarter 2025 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
CTRN
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 8-K
- 11/15/24 - Form SCHEDULE
- CTRN's page on the SEC website