Press Releases

All Releases
Citi Trends Announces CEO Transition
Jun 11, 2019
Bruce Smith to Step Down Director Sachse to Serve as Special Advisor and Assist with the Transition SAVANNAH, Ga. --(BUSINESS WIRE)--Jun. 11, 2019-- Citi Trends, Inc.  (NASDAQ: CTRN) today announced chief executive officer Bruce Smith has decided to resign from his position as CEO.
Citi Trends Announces First Quarter 2019 Results and Declares Quarterly Dividend
May 23, 2019
SAVANNAH, Ga. --(BUSINESS WIRE)--May 23, 2019-- Citi Trends, Inc. (NASDAQ: CTRN) today reported unaudited results for the first quarter of fiscal 2019. Financial Highlights – First quarter ended May 4, 2019 Total sales in the first quarter ended May 4, 2019 decreased 2.8% to $205.0 million compared
Citi Trends Sets Date for First Quarter 2019 Earnings Release and Conference Call
May 01, 2019
SAVANNAH, Ga. --(BUSINESS WIRE)--May 1, 2019-- Citi Trends, Inc. (NASDAQ: CTRN) today announced details for the release of its results for the first quarter ending May 4, 2019 . Citi Trends plans to release its earnings for the first quarter of 2019 before the market opens on Thursday, May 23, 2019
Citi Trends Reaches Agreement with Macellum
Apr 11, 2019
Peter R. Sachse to be Nominated to Stand for Election at the 2019 Annual Meeting John S. Lupo to Retire from the Board; Brian P. Carney to be Chairman After the 2019 Meeting Nominating and Corporate Governance Committee to Initiate Search for Additional Qualified Independent Director Macellum
Citi Trends Issues Open Letter to Shareholders
Mar 28, 2019
Company Notes Progress on Strategic Plan and Driving Shareholder Value; Highlights Commitment to Executing Mission Macellum is Not Aligned with Other Shareholders and is Attempting to Gain Control of the Board without Paying a Premium Macellum Has Rejected Every Attempt the Board Has Made to Reach
Citi Trends Issues Statement Regarding Macellum Director Nominations
Mar 18, 2019
Company highlights progress on strategic plan SAVANNAH, Ga. --(BUSINESS WIRE)--Mar. 18, 2019-- Citi Trends, Inc. (NASDAQ: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
Citi Trends Announces Fourth Quarter & Full Year 2018 Results
Mar 15, 2019
Full year earnings per diluted share up 59%, or 30% on an adjusted basis* Comparable store sales up 0.2% in Q4; up 1.6% for the year Executed on capital return program, returning $45 million to shareholders in fiscal 2018 SAVANNAH, Ga. --(BUSINESS WIRE)--Mar. 15, 2019-- Citi Trends, Inc.
Citi Trends Declares Dividend and Sets Date for Fourth Quarter 2018 Earnings Release and Conference Call
Feb 13, 2019
SAVANNAH, Ga. --(BUSINESS WIRE)--Feb. 13, 2019-- 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 19, 2019 , to shareholders of record as of the close of business on March 5, 2019 .
Citi Trends Announces 2018 Holiday Sales Results
Jan 14, 2019
SAVANNAH, Ga. --(BUSINESS WIRE)--Jan. 14, 2019-- Citi Trends, Inc. (NASDAQ: CTRN) today reported unaudited sales for the first two months of the fourth quarter of fiscal 2018, in advance of its investor presentation at the ICR Conference on January 15, 2019 .
Citi Trends Announces Third Quarter 2018 Results and Authorizes New $25 Million Share Repurchase Program
Nov 30, 2018
Year-to-date, earnings per diluted share up 63%, or 38% on an adjusted basis* Third quarter comparable store sales increased 0.6% Maintaining fourth quarter guidance Declares quarterly dividend SAVANNAH, Ga. --(BUSINESS WIRE)--Nov. 30, 2018-- Citi Trends, Inc.
Citi Trends Sets Date for Third Quarter 2018 Earnings Release and Conference Call
Nov 02, 2018
SAVANNAH, Ga. --(BUSINESS WIRE)--Nov. 2, 2018-- Citi Trends, Inc. (NASDAQ:CTRN) today announced details for the release of its results for the third quarter ending November 3, 2018 . Citi Trends plans to release its earnings for the third quarter of 2018 before the market opens on Friday, November
Citi Trends Announces Second Quarter 2018 Results and Declares Quarterly Cash Dividend
Aug 23, 2018

Year-to-date, earnings per diluted share up 83%, or 52% on an adjusted basis* Second quarter comparable store sales increased 3.3% SAVANNAH, Ga. --(BUSINESS WIRE)--Aug. 23, 2018-- Citi Trends, Inc. (NASDAQ:CTRN) today reported results for the second quarter of fiscal 2018.

Citi Trends Sets Date for Second Quarter 2018 Earnings Release and Conference Call
Aug 03, 2018

SAVANNAH, Ga. --(BUSINESS WIRE)--Aug. 3, 2018-- Citi Trends, Inc. (NASDAQ:CTRN) today announced details for the release of its results for the second quarter ending August 4, 2018 . Citi Trends plans to release its earnings for the second quarter of 2018 before the market opens on Thursday, August

Citi Trends Announces First Quarter 2018 Results and Declares Quarterly Dividend
May 23, 2018

Total Sales increased 5.5%; Comparable Store Sales up 2.1% SAVANNAH, Ga. --(BUSINESS WIRE)--May 23, 2018-- Citi Trends, Inc. (NASDAQ: CTRN) today reported unaudited results for the first quarter of fiscal 2018. Financial Highlights – First quarter ended May 5, 2018 Total sales in the first quarter

Citi Trends Sets Date for First Quarter 2018 Earnings Release and Conference Call
May 04, 2018

SAVANNAH, Ga. --(BUSINESS WIRE)--May 4, 2018-- Citi Trends, Inc. (NASDAQ:CTRN) today announced details for the release of its results for the first quarter ending May 5, 2018 . Citi Trends plans to release its earnings for the first quarter of 2018 before the market opens on Wednesday, May 23, 2018

Citi Trends Promotes Bruce Smith to CEO
Mar 16, 2018
Stuart Clifford has been promoted to fill the role of CFO SAVANNAH, Ga. --(BUSINESS WIRE)--Mar. 16, 2018-- Citi Trends Inc. (NASDAQ: CTRN) today announced that Bruce Smith , acting Chief Executive Officer, has been promoted to serve as the permanent Chief Executive Officer and has been appointed to
Citi Trends Announces Fourth Quarter & Full Year 2017 Results and Next Steps under Its Capital Return Program
Mar 16, 2018
Fourth quarter 2017 pretax income increased 23% to $9.9 million Fourth quarter comparable store sales up 5.6% Authorizes $25 million share repurchase program SAVANNAH, Ga. --(BUSINESS WIRE)--Mar. 16, 2018-- Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the fourth quarter and fiscal
Citi Trends Declares Dividend and Sets Date for Fourth Quarter 2017 Earnings Release and Conference Call
Feb 14, 2018
SAVANNAH, Ga. --(BUSINESS WIRE)--Feb. 14, 2018-- 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 20, 2018 , to shareholders of record as of the close of business on March 6, 2018 .
Citi Trends Announces 2017 Holiday Sales Results
Jan 08, 2018
Comparable store sales increased 4.8% in November/December Company expects fourth quarter EPS to be in a range of $0.40 to $0.45 , pending analysis of an expected charge from implementation of the Tax Cuts and Jobs Act SAVANNAH, Ga. --(BUSINESS WIRE)-- Citi Trends, Inc.
Citi Trends Announces Third Quarter 2017 Results
Nov 21, 2017
Third quarter total sales increased 10.1%; comparable store sales up 7.4% Quarterly earnings per share of $0.05 this year versus $(0.06) loss last year SAVANNAH, Ga. --(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ:CTRN) today reported results for the third quarter of fiscal 2017.
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