The Latest Breaking News from Citi Trends

  Citi Trends (NASDAQ:CTRN) reported its Q1 earnings results on Tuesday, May 24, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

Citi Trends (NASDAQ:CTRN) is set to give its latest quarterly earnings report on Tuesday, 2022-05-24. Here's what investors need to know before the announcement. Analysts estimate that Citi Trends will report an earnings per share (EPS) of $0.34.

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Citi Trends Inc (NASDAQ:CTRN) reported a fourth-quarter FY21 sales decline of 4.3% year-on-year, to $240.97 million, missing the consensus of $250.54 million. Total sales increased 14.2% from Q4 FY19. The comparable store sales decreased 6.2% versus last year. The gross margin of 40.4% fell 230 basis points Y/Y and expanded 70 basis points…