Citi Trends Trending Down
Posted on March 12, 2012 at 08:50 AM EDT
Citi Trends Inc. (NASDAQ:CTRN), a value-priced retailer of urban fashion apparel and accessories, continued to post disappointing quarterly results for the second consequent quarter, which also weighed on the fiscal year 2011 results. The company’s fourth-quarter earnings dipped based on falling comparable store sales, coupled with rising operating expenses. Citi Trends reported fourth-quarter adjusted loss [...]

Citi Trends Inc. (NASDAQ:CTRN), a value-priced retailer of urban fashion apparel and accessories, continued to post disappointing quarterly results for the second consequent quarter, which also weighed on the fiscal year 2011 results. The company’s fourth-quarter earnings dipped based on falling comparable store sales, coupled with rising operating expenses.
Citi Trends reported fourth-quarter adjusted loss per share of 18 cents, falling drastically from the year-ago quarter earnings per share of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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