- Citi Trends (NASDAQ:CTRN -7.8%) reports comparable-store sales rose 0.2% in Q4.
- Citi Trends opened 19 new stores, relocated or expanded 8 other stores, and closed 6 stores in fiscal 2018.
- The company executed on capital return program, returning $45M to shareholders in fiscal 2018.
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Q1 2019 Outlook: Comparable sales to decrease 8% for the first five-plus weeks and diluted EPS in the range of $0.83 to $0.87.
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2019 Outlook: EPS is expected in the range of $1.85 to $1.95; assuming comparable store sales increase in a range of 1%-2%.
- Previously: Citi Trends beats by $0.03, misses on revenue (Mar. 15 2019)