Urban apparel retailer Citi Trends (CTRN -16%) takes a hit after forecasting a...


Urban apparel retailer Citi Trends (CTRN -16%) takes a hit after forecasting a wider-than-expected loss for Q2, and plans fewer store openings this year due to weak sales. The company now expects to post a loss of $0.60 to $0.70 per share, greater than the $0.12 loss estimated by Wall Street.

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