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Stock impact report

Citi Trends Announces Second Quarter 2019 Results and Declares Quarterly Cash Dividend

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
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today reported unaudited results for the second quarter of fiscal 2019.Financial Highlights – Second quarter ended August 3, 2019Total sales in the second quarter ended August 3, 2019 increased 0.5% to $182.8 million, compared with $182.0 million in the second quarter ended August 4, 2018. Comparable store sales decreased 1.2% in the quarter.The Company had net income of $0.4 million, or $0.03 per diluted share, in the second quarter of fiscal 2019, compared with $3.2 million, or $0.24 per diluted share, in last year’s second quarter.During the second quarter, the Company opened four new stores, relocated or expanded one store and closed three stores.Financial Highlights – First half ended August 3, 2019Total sales in the first half of fiscal 2019 decreased 1.3% to $387.9 million, compared with $393.0 million in the first half of fiscal 2018. Comparable store sales decreased 2.9% in the first half of this year.In the Show less Read more
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