Citi Trends Inc

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Other Pre-Announcement, Earnings Announcements

Citi Trends Posts Q2 Loss Per Share Of $0.31

Published: 08/24/2022 11:03 GMT
Citi Trends Inc (CTRN) - Citi Trends Announces Second Quarter 2022 Results.
Citi Trends Inc Q2 Sales $185.0 Million.
Citi Trends Inc Q2 Same Store Sales Fell 24.9 Percent.
Citi Trends Inc - Aggressively Lowering Expenses to Align With Current Demand Environment.
Citi Trends Inc - Expects Second Half Operating Income to Be Approximately in Line With Second Half of 2019.
Citi Trends Inc Q2 Loss per Share $0.31.
Citi Trends Inc - Taking Swift Action on Approximately $10 Million in Expense Savings for Back Half of 2022.
Citi Trends Inc - Expense Savings for Back Half of 2022, Or About 7% of Total Second Half Sg&a Expenses, Including a 10% Staff Reduction.
Citi Trends Inc - Expects Low Single Digit Increase in Second Half Total Sales Compared to First Half Total Sales.
Revenue is expected to be $185.57 Million
Adjusted EPS is expected to be -$0.04

Next Quarter Revenue Guidance is expected to be $212.38 Million
Next Quarter EPS Guidance is expected to be $0.93

More details on our Analysts Page.