Citi Trends, Inc. (NASDAQ:CTRN) is reporting third quarter financial results on Tuesday 1st December 2020, Before Market Open.
According to analysts surveyed by Thomson Reuters, CTRN is expected to report 3Q20 revenue of $ 193.34 million.
For the full year, analysts anticipate top line of $ 832.92 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.75 ~ $ 1.85 per share
Click Here For More Historical Outlooks Of Citi Trends, Inc.
Previous Quarter Performance
Citi Trends, Inc. unfold income for the second quarter of $ 1.90 per share, from the revenue of $ 216.15 million. The quarterly revenues grew 18.22 percent compared with the same quarter last year. Wall street analysts are predicting revenue of $ 200.65 million The top line results outshined analysts by $ 15.50 million or 7.72 percent.
Stock Performance
Shares of Citi Trends, Inc. traded low $ -0.68 or -1.97 percent on Monday, reaching $ 33.89 with volume of 174.70 thousand shares. Citi Trends, Inc. has traded high as $ 34.31 and has cracked $ 32.78 on the downward trend
According to the previous trading day, closing price of $ 33.89, representing a 415.97 % increase from the 52 week low of $ 6.70 and a 0.52 % decrease over the 52 week high of $ 34.75.
The company has a market capital of $ 360.39 million and is part of the Consumer Cyclical sector and Apparel Stores industry.
Citi Trends, Inc. operates as a value-priced retailer of urban fashion apparel and accessories. The company offers apparel, such as fashion sportswear for men and women, as well as children, including newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional bedroom, bathroom, and kitchen products, as well as beauty products and toys.
