Citi Trends Provides Update on COVID-19 Response
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
Company Research
Source: Business Wire
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today provided an update on the actions it is taking in response to the continued spread of the coronavirus (COVID-19).Citi Trends will temporarily close all of its retail stores, effective today, March 20, 2020. Citi Trends currently expects its stores to remain closed for two weeks and plans to re-open on April 3, 2020. The Company is also temporarily closing its distribution centers and offices in New York, with associates working remotely when possible. All retail and distribution center associates will continue to receive full pay and benefits for their scheduled shifts during this time period. The Company will continue to monitor this timing based on guidance from federal, state and local authorities.In response to the coronavirus outbreak, the Company is taking aggressive and prudent actions to strengthen its financial position and balance sheet and preserve liquidity during these uncertain times. These action
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News
- Citi Trends Second Quarter 2025 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Citi Trends, Inc. (NASDAQ: CTRN) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Citi Trends, Inc. (NASDAQ: CTRN) had its price target lowered by analysts at DA Davidson from $33.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Citi Trends, Inc. (NASDAQ: CTRN) had its price target lowered by analysts at Craig Hallum from $25.00 to $14.00. They now have a "hold" rating on the stock.MarketBeat
- Citi Trends Is Now A Binary Play On Its Going Concern. Not An Opportunity, But Approaching It [Seeking Alpha]Seeking Alpha
CTRN
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- CTRN's page on the SEC website