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Citi Trends inc   (CTRN)
Other Ticker:  
 
    Sector  Retail    Industry Retail Apparel
   Industry Retail Apparel
   Sector  Retail
 
Price: $30.6900 $0.28 0.921%
Day's High: $30.69 Week Perf: 0.46 %
Day's Low: $ 28.83 30 Day Perf: 7.87 %
Volume (M): 142 52 Wk High: $ 32.90
Volume (M$): $ 4,358 52 Wk Avg: $22.37
Open: $30.26 52 Wk Low: $14.21



 Market Capitalization (Millions $) 253
 Shares Outstanding (Millions) 8
 Employees 5,900
 Revenues (TTM) (Millions $) 707
 Net Income (TTM) (Millions $) 7
 Cash Flow (TTM) (Millions $) -18
 Capital Exp. (TTM) (Millions $) 15

Citi Trends Inc
Citi Trends Inc. is an American retail company headquartered in Savannah, Georgia. It was founded in 1954 and operates over 570 stores across 33 states in the US. Citi Trends is a popular shopping destination among low to middle-income families, especially those seeking affordable apparel and accessories for themselves and their children.

Citi Trends is known for offering a wide variety of products at discounted prices. The company has a unique business model that allows it to purchase merchandise from a variety of sources, including department stores, manufacturers, and wholesalers. By doing so, Citi Trends is able to offer prices that are typically 20-70% lower than the average department store prices.

Citi Trends stores typically range in size from 5,000 to 10,000 square feet and carry a range of clothing, shoes, and accessories for men, women, and children. Their products include everything from brand-name clothing, athletic wear, shoes, and accessories to home decor, beauty products, and gifts.

Citi Trends also places an emphasis on catering to the diverse fashion needs of its customers. The stores offer a variety of styles ranging from traditional to trendy. With a focus on urban and streetwear, Citi Trends stocks popular brands, such as Rocawear, Levies, Baby Phat, and Sean John. The company also features its own clothing line known as eCiti Steps,e which consists of affordable basics, including t-shirts, jeans, and hoodies.

One of the key strengths of Citi Trends is its ability to adapt to quickly changing fashion trends, resulting in a loyal customer base. The company maintains a dedicated team of buyers who are responsible for sourcing the latest trends and designs.

While the company has experienced success, Citi Trends has faced some challenges in recent years, particularly in terms of competition from other discount retailers such as Ross, T.J. Maxx, and Marshalls. Despite this, Citi Trends continues to grow and expand, with plans to open new stores in the coming years.

Overall, Citi Trends is a go-to destination for customers seeking affordable, trendy clothing and accessories. Its commitment to providing customers with access to the latest styles and trends, while keeping prices low, has helped it become a popular shopping destination for those seeking high-quality products at an affordable price.


   Company Address: 104 Coleman Boulevard Savannah 31408 GA
   Company Phone Number: 236-1561   Stock Exchange / Ticker: NASDAQ CTRN
   CTRN is expected to report next financial results on April 12, 2024.


   

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Management Changes

Citi Trends Inc. Announces Refresh of Board of Directors, Aims to Revitalize Financial Performance

Published Thu, Feb 29 2024 1:30 PM UTC


Citi Trends, a leading specialty value retailer in the United States, recently made a significant announcement regarding its Board of Directors. The company plans to refresh its board by nominating three new independent directors for election at the 2024 Annual Meeting of Stockholders. The three nominees are David Heath, Charles Liu, and Michael Kvitko.
Citi Trends ...

Business Update

Safeguarding Shareholder Value: Citi Trends Implements Limited Duration Stockholder Rights Plan

Published Wed, Dec 6 2023 11:45 AM UTC


Introduction
In a proactive move to protect shareholder interests and prevent any potential hostile takeover attempts, Citi Trends, Inc. (NASDAQ: CTRN) recently announced the adoption of a limited duration stockholder rights plan, also known as the Rights Plan. The plan has been unanimously approved by the company's Board of Directors and aims to ensure that all sto...






 

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