|Bid||22.48 x 800|
|Ask||22.50 x 800|
|Day's range||22.24 - 23.08|
|52-week range||13.41 - 24.78|
|Beta (5Y monthly)||0.49|
|PE ratio (TTM)||18.68|
|Earnings date||12 Mar 2020|
|Forward dividend & yield||0.32 (1.40%)|
|Ex-dividend date||01 Mar 2020|
|1y target est||28.00|
Citi Trends, Inc. (NASDAQ: CTRN) today announced that the Company’s Board of Directors has appointed David Makuen as Chief Executive Officer, effective March 9, 2020. Mr. Makuen will succeed Peter Sachse, who has served as Interim CEO since December 9, 2019. Mr. Makuen will assume the day-to-day leadership of the Company and will also join Citi Trends’ Board of Directors. Peter Sachse has been appointed by the Board of Directors as the Executive Chairman, effective March 9, 2020, and will work alongside David as he transitions into his new role as CEO. In addition, the Company has narrowed its fiscal 2019 earnings per diluted share guidance to a range of $1.47 to $1.49 when adjusted for proxy-contest and interim CEO related expenses*, which is at the upper end of the Company’s prior guidance. The Company is also reporting that it achieved a 3.1% comparable store sales increase for the fourth quarter.
Citi Trends, Inc. (NASDAQ: CTRN) today announced that its Board of Directors has declared a quarterly dividend of $0.08 per common share, payable on March 17, 2020, to shareholders of record as of the close of business on March 3, 2020.
Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the fourth quarter of 2019 before the market opens on Friday, March 13, 2020. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (212) 231-2931. A telephonic replay of the conference call will be available until March 20, 2020, by dialing (402) 977-9140 and entering the passcode, 21951761.
Citi Trends, Inc. (NASDAQ: CTRN) today reported unaudited sales for the first two months of the fourth quarter of fiscal 2019, in advance of its investor presentation at the ICR Conference in Orlando, Florida on January 14, 2020.
Citi Trends, Inc. (CTRN) today announced chief executive officer Bruce Smith has decided to resign from his position as CEO. “We extend our thanks to Bruce for his service, dedication and leadership over more than a decade at Citi Trends.
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 ...
Citi Trends plans to release its earnings for the first quarter of 2019 before the market opens on Thursday, May 23, 2019. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The live broadcast of Citi Trends' conference call will be available online at the Company's website, www.cititrends.com, under the Investor Relations section, on May 23, 2019, beginning at 9:00 a.m. ET.
Citi Trends, Inc. (CTRN) (“Citi Trends” or “the Company”) today announced that it has entered into an agreement with Macellum SPV III, LP (“Macellum”), pursuant to which the Board intends to nominate Peter R. Sachse to stand for election at the 2019 Annual Meeting of Stockholders (“2019 Annual Meeting”) with a term expiring at the 2020 Annual Meeting of Stockholders (“2020 Annual Meeting”). The Company also announced that John S. Lupo will retire from the Board and not stand for re-election at the 2019 Annual Meeting.
Citi Trends, Inc. (CTRN) today confirmed that Macellum SPV III, LP (“Macellum”) has provided notice of its nomination of four individuals to stand for election to the Citi Trends Board of Directors at the Company’s 2019 Annual Meeting of Stockholders (“2019 Annual Meeting”). The Board's recommendation regarding director nominees will be made in the Company's definitive proxy materials, which will be filed with the Securities and Exchange Commission and mailed to all stockholders eligible to vote at the 2019 Annual Meeting. The date of the Company’s 2019 Annual Meeting has not yet been announced.
The Savannah, Georgia-based company said it had profit of 59 cents per share. The clothing and accessories company posted revenue of $201.2 million in the period. For the year, the company reported profit ...