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Stock impact report

Citi Trends Announces Fourth Quarter and Fiscal 2023 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
Q4 2023 total sales of $215.2 million with gross margin of 39.1%Q4 2023 diluted EPS of $0.42; adjusted diluted EPS* of $0.53Fiscal 2023 total sales of $747.9 millionCompany ends Fiscal 2023 with $155 million of liquidity, including $80 million of cash and no debtCompany provides outlook for Fiscal 2024; expects mid-single digit comp increaseQ1 2024 to date comp trend consistent with outlook 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 fourth quarter and full year ended February 3, 2024, both of which included an additional week as compared to the comparable prior year periods.Financial Highlights – Fourth Quarter 2023Total sales of $215.2 million increased 2.7% vs. Q4 2022; the extra week contributed $11.2 million to total sales in the fourth quarter of fiscal Show less Read more
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