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Stock impact report

Citi Trends Announces Third Quarter 2018 Results and Authorizes New $25 Million Share Repurchase Program

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
Year-to-date, earnings per diluted share up 63%, or 38% on an adjusted basis* Third quarter comparable store sales increased 0.6% Maintaining fourth quarter guidance Declares quarterly dividend SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the third quarter of fiscal 2018. Financial Highlights – Third quarter ended November 3, 2018 Total sales in the third quarter ended November 3, 2018 decreased 0.9% to $175.4 million, compared with $176.9 million in the third quarter ended October 28, 2017. As discussed previously, the year-over-year comparison of total quarterly sales was adversely impacted by approximately $5.0 million due to a shift in the weeks that were included in the third quarter this year, as a result of fiscal 2017 being a 53-week year. Comparable store sales increased 0.6%, comparing the 13 Show less Read more
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