Press Releases

Second quarter sales increased 0.9%; comparable store sales decreased 11.9% Second quarter 2011 loss per share of $0.69 compared with $0.04 loss last year SAVANNAH, Ga. --(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the second quarter of fiscal 2011.

SAVANNAH, Ga. , Aug. 2, 2011 (GLOBE NEWSWIRE) -- Citi Trends, Inc. (Nasdaq:CTRN) today announced details for the release of its results for the second quarter ended July 30, 2011 . Citi Trends plans to release its earnings for the second quarter before the market opens on August 17, 2011 .

SAVANNAH, Ga. --(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today announced that it expects to report a net loss in a range of $0.60 to $0.70 per diluted share for the second quarter ending July 30, 2011 . Citi Trends' sales have continued to be much lower than expected.

First quarter sales increased 4.3%; comparable store sales decreased 6.9% First quarter 2011 earnings per share of $0.83 compared with $0.86 last year SAVANNAH, Ga. --(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the first quarter of fiscal 2011.

SAVANNAH, Ga. , April 29, 2011 (GLOBE NEWSWIRE) -- Citi Trends, Inc. (Nasdaq:CTRN) today announced details for the release of its results for the first quarter ending April 30, 2011 . Citi Trends plans to release its earnings for the first quarter before the market opens on May 18, 2011. Citi

SAVANNAH, Ga. --(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the fourth quarter and fiscal year ended January 29, 2011 . Financial Highlights — Fourth quarter ended January 29, 2011 Total sales in the fourth quarter ended January 29, 2011 increased 1.3% to $172.0

Total sales increased 12.8% to $622.5 million for the full fiscal year Comparable store sales decreased 11.4% in the fourth quarter and 1.8% for the full year Annual EPS expected to approximate $1.30 SAVANNAH, Ga. --(BUSINESS WIRE)-- Citi Trends, Inc.

Third quarter sales increased 10.0%; comparable store sales decreased 4.2% Third quarter net loss of $394,000 compared with net income of $606,000 last year Year-to-date net income increased 35.7% to $11.5 million SAVANNAH, Ga. --(BUSINESS WIRE)-- Citi Trends, Inc.

SAVANNAH, Ga. --(BUSINESS WIRE)-- Citi Trends, Inc. (NASDAQ: CTRN) today announced details for the release of its results for the third quarter ended October 30, 2010 . Citi Trends plans to release its earnings for the third quarter before the market opens on November 22, 2010.

<i><b>Second quarter net loss of $567,000 compared with net loss of
$69,000 last year</b></i>
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<i><b>Second quarter sales increased 15.6%; comparable store sales
decreased 0.6%</b></i>
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<i><b>Net income in the first half of 2010 increased 51.2% to $11.9
million</b></i>
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SAVANNAH, Ga., Aug 03, 2010 (BUSINESS WIRE) -- Citi Trends, Inc. (NASDAQ: CTRN) today announced details for the release of its results for the second quarter ended July 31, 2010. Citi Trends plans to release its earnings for the second quarter before the market opens on August 18, 2010.

<i><b>First quarter 2010 net income of $12.4 million compared with $7.9
million last year</b></i>
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<i><b>First quarter sales increased 26.8%; comparable store sales
increased 9.6%</b></i>
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SAVANNAH, Ga., May 04, 2010 (BUSINESS WIRE) -- Citi Trends, Inc. (NASDAQ: CTRN) today announced details for the release of its results for the first quarter ended May 1, 2010. Citi Trends plans to release its earnings for the first quarter before the market opens on May 19, 2010.

<i><b>Fourth quarter net income increased 11.9% to $11.3 million</b></i>
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<i><b>Fiscal 2009 net income increased 13.4% to $19.7 million</b></i>
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<i><b>Fiscal 2010 earnings guidance of approximately $1.60 to $1.65 per
share</b></i>
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<i><b>Total Sales Increased 13.0% to $551.9 Million for the Full Fiscal
Year</b></i>
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<i><b>Comparable Store Sales Increased 1.2% in the Fourth Quarter and
0.6% for the Full Year</b></i>
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<i><b>Third quarter net income of $606,000 compared with net loss of
$687,000 in prior year quarter</b></i><br /><i><b>Third quarter sales increased 21.4%; comparable store sales
increased 6.3%</b></i><br />

SAVANNAH, Ga., Oct 29, 2009 (BUSINESS WIRE) -- Citi Trends, Inc. (NASDAQ: CTRN) today announced details for the release of its results for the third quarter ending October 31, 2009. Citi Trends plans to release its earnings for the third quarter after the market closes on November 23, 2009.

<i><b>Second quarter net loss of $69,000 compared with net income of
$2,846,000 last year</b></i><br /><i><b>Second quarter sales decreased 3.5%; comparable store sales
decreased 12.4%</b></i><br />

SAVANNAH, Ga., Jul 31, 2009 (BUSINESS WIRE) -- Citi Trends, Inc. (NASDAQ: CTRN) today announced details for the release of its results for the second quarter ending August 1, 2009. Citi Trends plans to release its earnings for the second quarter after the market closes on August 19, 2009.

<i><b>First quarter 2009 net income of $7.9 million compared with $5.2
million last year</b></i><i><b>First quarter sales increased 18.3%; comparable store sales
increased 7.4%</b></i>