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Stock impact report

Citi Trends Provides Business Update

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
Safely reopened the majority of stores across 33 statesSecond quarter-to-date total sales increased 25% and comparable sales in reopened stores increased 53%, exceeding expectationsCompany forms CitiCARES™ Council to support Black communities SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), the leading value retailer of apparel, accessories and home goods for way less spend primarily for African American families in the United States, today provided a second quarter-to-date business update and announced the formation of the CitiCARES™ Council. Business UpdateSafely reopened 564 of its 574 stores closed due to COVID-19, with the remaining stores expected to open by the end of JulyBrought back to work substantially all associates in stores, distribution centers and corporate offices who had previously been furloughedTotal sales in the second quarter through June 27, 2020 increased 25% compared to the same period of the prior year, exceeding expectationsComparable sto Show less Read more
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