Citi Trends Reports Strong Q1 Earnings Beat and Reaffirms Outlook
Citi Trends (NASDAQ:CTRN) reported first-quarter earnings that significantly exceeded analyst expectations, with adjusted EPS of $0.91 versus a forecast of $0.24 per share. Revenue rose to $230.9 million, surpassing estimates and growing year-over-year by 14.4%. The company also saw strong comparable sales growth and improved profitability.
Tickers: $CTRN