Citi Trends, Inc. (NASDAQ:CTRN) is expected to report second quarter earnings results, before market open, on Thursday 20th August 2020.
Analysts polled by Thomson Reuters anticipate revenue of $ 200.65 million.
Looking ahead, the full year revenues are expected at $ 832.92 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.75 ~ $ 1.85 per share
Click Here For More Historical Outlooks Of Citi Trends, Inc.
Previous Quarter Performance
Citi Trends, Inc. reported loss for the first quarter of $ 1.94 per share, from the revenue of $ 116.12 million. The quarterly earnings hiked 165.38 percent compared with the same quarter last year. According to street consensus, revenue of was expected for the first quarter The bottom line results street analysts by $ 0.35 or , at the same time, top line results analysts by $ 492.89 million or .
Stock Performance
According to the previous trading day, closing price of CTRN was $ 18.40, representing a 174.63 % increase from the 52 week low of $ 6.70 and a 25.75 % decrease over the 52 week high of $ 24.78.
The company has a market capital of $ 195.34 million and is part of the Consumer Cyclical sector and Apparel Stores industry.
Conference Call
Citi Trends, Inc. will be hosting a conference call at 9:00 AM eastern time on 20th August 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, (212) 231-2902 Toll Free in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/b6fo5rf9
Citi Trends, Inc. operates as a value-priced retailer of urban fashion apparel and accessories. The company offers apparel, such as fashion sportswear for men and women, as well as children, including newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional bedroom, bathroom, and kitchen products, as well as beauty products and toys.
