Citi Trends Announces Second Quarter 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
Total sales growth of 1.7% to $176.6 millionSignificant actions taken to prepare for profitable growthStrong financial position with liquidity of approximately $134 million and no debtSingle digit comparable store sales increase Q3 to-dateCompany provides Outlook for second half of Fiscal 2024 SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), 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 reported results for the second quarter ended August 3, 2024.Financial Highlights – Second Quarter 2024Total sales of $176.6 million increased 1.7% vs. Q2 2023; comparable store sales, calculated on a shifted 13-week to 13-week basis, decreased 1.7% compared to Q2 2023Gross margin of 31.1% including $9.4 million of markdowns from strategic inventory reset and $4.0 million of shrink from physical inventory results and accrual rate adjustment, vs. 38.2%
Show less
Read more
Impact Snapshot
Event Time:
CTRN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTRN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTRN alerts
High impacting Citi Trends, Inc. news events
Weekly update
A roundup of the hottest topics
CTRN
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 Announces CEO Appointment and Q3 Comparable Store Sales Above GuidanceBusiness Wire
- Citi Trends Sets Date for Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
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