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Stock impact report

Citi Trends Announces Leadership Transition

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
Ken Seipel, a Successful Turnaround CEO in the Off-Price Retail Space and Veteran Board Member at Citi Trends, Appointed Interim CEODavid Makuen, who Guided the Company Through the Pandemic and Served with Distinction, Steps Down as CEO and Board MemberThe Board Commences a Search Process for a Permanent CEOAdditionally, the Company Released Preliminary First Quarter 2024 Results – Total Sales of $186.3 million, Comparable Sales Growth of 3.1% and EBITDA Loss of $0.8 million SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) (“Citi Trends” or the “Company”), 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 announced that its Board of Directors (the “Board”) has appointed Ken Seipel as the Company’s interim Chief Executive Officer (“CEO”), effective June 2, 2024. In connection with the appointment, David Makuen has stepped down as CEO and a Show less Read more
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