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Citi Trends, Inc.
Previous close
$26.40
Day range
$25.08 - $25.68
Year range
$13.66 - $32.90
Market cap
223.43M USD
Avg Volume
101.36K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Nov 2024info | Y/Y change |
---|---|---|
Revenue | 179.07M | -0.25% |
Operating expense | 77.88M | 4.68% |
Net income | -7.15M | -85.14% |
Net profit margin | -3.99 | -85.58% |
Earnings per share | -0.78 | -39.42% |
EBITDA | -1.90M | -76.30% |
Effective tax rate | 15.09% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Nov 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 38.87M | -34.92% |
Total assets | 467.08M | -8.09% |
Total liabilities | 336.81M | -5.16% |
Total equity | 130.27M | — |
Shares outstanding | 8.40M | — |
Price to book | 1.69 | — |
Return on assets | -3.42% | — |
Return on capital | -4.59% | — |
Cash Flow
Net change in cash
(USD) | Nov 2024info | Y/Y change |
---|---|---|
Net income | -7.15M | -85.14% |
Cash from operations | -18.35M | -531.30% |
Cash from investing | -2.05M | 34.69% |
Cash from financing | -24.00K | 42.86% |
Net change in cash | -20.43M | -235.25% |
Free cash flow | -16.17M | -121.23% |
About
Citi Trends, Inc. is an American retail clothing chain selling discounted products targeted primarily at African-American customers.
The company opened its first store in Savannah, Georgia in 1958 under the name Allied Department Stores. The company began renaming its stores Citi Trends in 2000, and officially became Citi Trends a year later.
Citi Trends comprises more than 600+ stores in 33 states. The chain is known for targeting urban, lower-income customers. In May, 2005, Citi Trends had become a publicly traded company on the Nasdaq exchange with the symbol CTRN. The headquarters of Citi Trends is located in Savannah, Georgia. There is also a distribution center in Darlington, South Carolina along with one in Roland, Oklahoma. On February 28, 2005, Citi Trends Inc. went public in an initial public offering of stock worth up to $57.5 million.
In March 2017, Chief Executive Jason Mazzola resigned after two years in the position and five years at the company. Chief Financial Officer and Chief Operating Officer Bruce Smith will step in as acting CEO until a permanent replacement can be found. Wikipedia
Founded
1958
Website
Employees
3,750