Citi Trends, Inc.(CTRN)- NASDAQ
  • Wed, Aug. 17, 9:56 AM
    • Citi Trends (CTRN +16.5%) pops after topping estimates with its Q2 report.
    • Though comparable sales fell off during the quarter, the off-price retailer was much closer to break-even than anticipated.
    • Shares of Citi Trends are over $20 for the first time since early February.
    • Previously: Citi Trends beats by $0.05, beats on revenue (Aug. 17)
    | Wed, Aug. 17, 9:56 AM
  • Wed, Aug. 17, 6:50 AM
    • Citi Trends (NASDAQ:CTRN) declares $0.06/share quarterly dividend, in line with previous.
    • Forward yield 1.35%
    • Payable Sept. 13; for shareholders of record Aug. 30; ex-div Aug. 26.
    | Wed, Aug. 17, 6:50 AM
  • Wed, Aug. 17, 6:46 AM
    • Citi Trends (NASDAQ:CTRN): Q2 EPS of -$0.01 beats by $0.05.
    • Revenue of $155.28M (+0.9% Y/Y) beats by $2.08M.
    • Press Release
    | Wed, Aug. 17, 6:46 AM
  • Tue, Aug. 16, 10:26 AM
    | Tue, Aug. 16, 10:26 AM
  • Tue, Aug. 9, 1:36 PM
    • There's a dark mood in the apparel store sector after Gap (GPS -6.4%) spilled its July sales numbers.
    • The retailer's 4% drop in comparable store sales for the month missed the -1% mark expected by analysts by a wide margin. Gap had raised hopes for a retail sector comeback with a return to a positive comp in June before the July disappointment.
    • On a prerecorded sales call (855-500-0477 participant code 7405599), Gap management dropped a discouraging nugget: "We’re maintaining a cautious view of the retail environment in the second half."
    • As a bit of a bellwether, the outlook from Gap is resonating across the retail sector. There's also a cut on same-store estimates for Target from Cleveland Research which could be drawing some attention.
    • Retail decliners: Tailored Brands (TLRD -5.5%), Ascena Retail Group (ASNA -4.7%), Express (EXPR -4.4%), Citi Trends (CTRN -3.3%), Buckle (BKE -3.4%), Cato (CATO -3.3%), American Eagles Outfitters AEO, Abercrombie & Fitch ANF, Chico's FAS (CHS -2.6%), Kohl's (KSS -3.7%), Dillard's (DDS -2.9%), Macy's (M -2.4%), Fred's (FRED -3.3%), Target (TGT -3.1%), Tuesday Morning (TUES -1.5%), L Brands (LB -1.9%), Christopher & Banks (CBK -2.6%).
    | Tue, Aug. 9, 1:36 PM | 11 Comments
  • Wed, May 18, 10:08 AM
    • Retail stocks are lower than broad market averages after Target (TGT -9.3%) sets a gloomy tone on U.S. consumer spending. There was a sense of bewilderment from Target in its release and earnings call commentary over the slowdown in sales post-Easter.
    • Wal-Mart is down an even 3% to reach a multi-month low ahead of tomorrow's earnings report.
    • Shares of Best Buy (NYSE:BBY) are 3.2% lower after the soft read from Target tilts sentiment. The electronics chain reports earnings on May 24 with analysts expecting revenue of $8.291B and EPS of $0.35 to be disclosed.
    • Other chain store stocks reeling after the Target release are Conn's (CONN -0.1%), hhgregg (HGG -2.4%), Sears Holdings (SHLD -3.1%), GameStop (GME -1.6%), Bon-Ton Stores (BONT -2.3%), Dollar Tree (DLTR -2.1%), Big Lots (BIG -2.4%), Dollar General (DG -1.5%), Citi Trends (CTRN -7.4%), and PriceSmart (PSMT -2.9%).
    • Previously: Investors edgy over retail stocks after Target disappoints (May 18)
    • Previously: Target stung by low traffic trend (May 18)
    | Wed, May 18, 10:08 AM | 5 Comments
  • Wed, May 18, 6:48 AM
    • Citi Trends (NASDAQ:CTRN) declares $0.06/share quarterly dividend, in line with previous.
    • Forward yield 1.49%
    • Payable June 14; for shareholders of record May 31; ex-div May 26.
    | Wed, May 18, 6:48 AM
  • Wed, May 18, 6:46 AM
    • Citi Trends (NASDAQ:CTRN): Q1 EPS of $0.60 misses by $0.16.
    • Revenue of $193.67M (-0.6% Y/Y) misses by $4.86M.
    • Press Release
    | Wed, May 18, 6:46 AM
  • Fri, Mar. 11, 7:16 AM
    • Citi Trends (NASDAQ:CTRN) reports comparable-store sales decreased 5% in Q4.
    • Gross margin rate expanded 110 bps to 38.4%.
    • SG&A expense rate grew 60 bps to 32.4%.
    • Operating margin rate increased 40 bps to 3.3%.
    • Inventory +4.5% to $$137.02M.
    • Store count +13 Y/Y to 526.
    | Fri, Mar. 11, 7:16 AM
  • Fri, Mar. 11, 6:47 AM
    • Citi Trends (NASDAQ:CTRN): Q4 EPS of $0.24 misses by $0.07.
    • Revenue of $176.06M (-2.8% Y/Y) misses by $4.54M.
    • Press Release
    | Fri, Mar. 11, 6:47 AM
  • Wed, Feb. 10, 7:05 AM
    • Citi Trends (NASDAQ:CTRN) declares $0.06/share quarterly dividend, in line with previous.
    • Forward yield 1.48%
    • Payable March 15; for shareholders of record March 1; ex-div Feb. 26.
    | Wed, Feb. 10, 7:05 AM
  • Thu, Jan. 7, 10:14 AM
    • A large number of retail stocks are defying the global market sell-off to put in strong gains.
    • The unexpected strength follows a few store chains reporting solid holiday sales growth, headlined by L Brands with a stellar 8% comp. The underlying story behind the good read may be that $2 gas prices are helping to feed consumer spending at U.S. store chains.
    • Gasbuddy.com forecasts gas prices will stay low in the U.S. for all of 2016.
    • Notable gainers include Wal-Mart (WMT +2%), Target (TGT +1%), Gap (GPS +2.3%), Fred's (FRED +1.2%), Express (EXPR +1.1%), American Eagle Outfitters (AEO +1.6%), Tilly's (TLYS +2.3%), Urban Outfitters (URBN +4%), TJX Companies (TJX +0.6%), Ross Stores (ROST +1.6%), Kohl's (KSS +2%), Stein Mart (SMRT +4.4%), Citi Trends (CTRN +1.7%), Buckle (BKE +4.8%).
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, FXD, FDIS, RHS, FSTA, RCD, PMR, BITE
    | Thu, Jan. 7, 10:14 AM | 15 Comments
  • Dec. 9, 2015, 10:42 AM
    • Urban Outfitters (NASDAQ:URBN) is up 7.8% to lead the pack of mall retailer stocks that are rallying with some vigor.
    • While the sector is seen benefiting from $2 gas prices at the pump, and some analysts have called valuation at reasonable levels - it could be the tamping down of promotional activity which is providing the optimism. Earlier today, Vera Bradley (VRA +30.4%) disclosed it took a hit on the top-line in order to keep margins intact.
    • Notable movers include Gap (GPS +2.7%), Stage Stores (SSI +3.8%), Citi Trends (CTRN +1.9%), American Eagle Outfitters (AEO +2.8%), Buckle (BKE +2.9%), Nordstrom (JWN +1.6%), Abercrombie & Fitch (ANF +3.8%), Express (EXPR +2.3%), and Guess (GES +2.9%).
    • Previously: Vera Bradley +19% after reducing promotions in FQ3 (Dec. 09 2015)
    | Dec. 9, 2015, 10:42 AM
  • Nov. 24, 2015, 12:40 PM
    | Nov. 24, 2015, 12:40 PM | 7 Comments
  • Nov. 24, 2015, 6:46 AM
    • Citi Trends (NASDAQ:CTRN): Q3 EPS of $0.04 misses by $0.01.
    • Revenue of $158.94M (+1.4% Y/Y) misses by $7.26M.
    | Nov. 24, 2015, 6:46 AM
  • Nov. 19, 2015, 8:04 AM
    • Citi Trends (NASDAQ:CTRN) declares $0.06/share quarterly dividend, in line with previous.
    • Forward yield 1.04%
    • Payable Dec. 15; for shareholders of record Dec. 1; ex-div Nov. 27.
    | Nov. 19, 2015, 8:04 AM
Company Description
Citi Trends, Inc. engages as a retailer of urban fashion apparel, shoes, accessories, and home décor. It offers fashion sportswear for men, women and children, including clothes for newborns, infants, toddlers, boys, and girls. The company was founded in 1946 and is headquartered in Savannah, GA.
Sector: Services
Industry: Apparel Stores
Country: United States