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Stock impact report

Citi Trends Announces Fourth Quarter and Fiscal 2024 Results

Citi Trends, Inc. (CTRN) 
Last citi trends, inc. earnings: 5/23 06:45 am Check Earnings Report
US:NASDAQ Investor Relations: ir.cititrends.com
Company Research Source: Business Wire
Q4 2024 total sales of $211.2 million with comparable store sales growth of 6.4% and average store inventory down 6.7%Q4 2024 gross margin of 39.7%, expansion of 60 basis points from Q4 2023Fiscal 2024 total sales of $753.1 million with comparable store sales growth of 3.4%Company ends Fiscal 2024 with liquidity of approximately $136 million, including $61 million of cash and no debtCompany provides outlook for Fiscal 2025; expects low to mid-single digit comparable store sales increase and significant EBITDA improvementMid-single digit comparable store sales momentum has continued Q1 2025 to-date SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading off-price value retailer of apparel, accessories and home trends primarily for African American families in the United States, today reported results for the 13-week fourth quarter and 52-week full year ended February 1, 2025. For purposes of comparison, unless otherwise stated, metrics in this release are compare Show less Read more
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