Macellum Advisors Nominates Four Highly Qualified Directors For Election At Citi Trends, Inc.'s 2019 Annual Meeting Of Stockholders
Citi Trends, Inc. (CTRN)
Last citi trends, inc. earnings: 5/23 06:45 am
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ir.cititrends.com
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Source: PR Newswire
NEW YORK, March 18, 2019 PRNewswire -- Macellum SPV III, LP, Macellum Advisors GP, LLC, and certain of their affiliates (collectively, "Macellum"), a large stockholder of Citi Trends, Inc. (NASDAQ: CTRN) (the "Company"), announced today that it has nominated four highly qualified director candidates for election to the Company's Board of Directors (the "Board") at the Company's 2019 Annual Meeting of Stockholders: Theresa R. Backes, Paul Metcalf, Peter R. Sachse and Kenneth D. Seipel. Macellum, who successfully won a proxy contest at the 2017 annual meeting of stockholders which resulted in the appointment of Jonathan Duskin to the Board, also released a letter to the stockholders of the Company outlining the key reasons for why the Board needs to be further reconstituted and expressing its disappointment in the Board's apparent decision to use stockholder money to defend their seats again.The full text of the letter can be found below:March 18, 2019Dear Fellow Stockholders:Macellum A
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- Citi Trends, Inc. (NASDAQ: CTRN) was downgraded by analysts at Craig Hallum from a "buy" rating to a "hold" rating.MarketBeat
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- 5/23/23 - Miss
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- 4/23/24 - Form 4
- 4/18/24 - Form 10-K
- 4/17/24 - Form 4
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