Citi Trends: Fiscal 1Q Earnings Snapshot
Citi Trends: Fiscal 1Q Earnings Snapshot
SAVANNAH, Ga. (AP) _ Citi Trends Inc. (CTRN) on Thursday reported fiscal first-quarter profit of $7.8 million.
On a per-share basis, the Savannah, Georgia-based company said it had profit of 65 cents. Earnings, adjusted for non-recurring costs, came to 72 cents per share.
The clothing and accessories company posted revenue of $205 million in the period.
Citi Trends expects full-year earnings in the range of $1.30 to $1.50 per share.
Citi Trends shares have dropped 16% since the beginning of the year. The stock has dropped 44% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTRN at https://www.zacks.com/ap/CTRN