| --- | --- | --- | --- | |--------------------------|--------|--------|--------| | Citis | 2023 | 2022 | 2021 | | Ladies | 27 % | 26 % | 26 % | | Kids | 23 % | 23 % | 22 % | | Accessories & Beauty | 17 % | 18 % | 18 % | | Mens | 17 % | 17 % | 18 % | | Home & Lifestyle | 9 % | 8 % | 9 % | | Footwear | 7 % | 8 % | 7 % | Cost of sales includes the cost of inventory sold during the period and transportation costs, including inbound freight related to inventory sold, freight from the distribution centers to the ...

Nitza McKee - Senior Associate David Makuen - CEO Heather Plutino - CFO I would now like to turn the conference over to the Senior Associate, Ms. Nitza McKee. Please go ahead. David Makuen Freight, as a rate of sales, moderated in Q4, just as we outlined during our third quarter call, and was slightly lower than last year for the quarter. We are making strides to further leverage the freight line in 2024 through Now turning to our 2024 outlook. As David mentioned in his remarks, we entered fiscal 2024 with ...

Exhibit 99.1 CITI TRENDS ANNOUNCES FOURTH QUARTER AND FISCAL 2023 RESULTS Q4 2023 total sales of $215.2 million with gross margin of 39.1% Q4 2023 diluted EPS of $0.42; adjusted diluted EPS* of $0.53 Fiscal 2023 total sales of $747.9 million Company ends Fiscal 2023 with $155 million of liquidity, including $80 million of cash and no debt Company provides outlook for Fiscal 2024; expects mid-single digit comp increase Q1 2024 to date comp trend consistent with outlook SAVANNAH, GA (March 19, 2024) — Citi Tr ...

Buffett Loads Up on This Stock Again, Plus CEO Insider Buying frender / iStock via Getty Images In the wake of a media giant’s quarterly report, the Oracle of Omaha is again bolstering his stake in the tracking stocks with some huge insider purchases. Plus, chief executive officers and an activist investor also scooped up some shares in the following companies.A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will ...

SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the fourth quarter and full year 2023 before the market opens on Tuesday, March 19, 2024. Citi Trends will host a conference call on the same day at 9:00 a.m. ET. The number to call for the live interactive teleconference is (212) 231-2921. A telephonic replay of the conference call will be available until March 28, 2023, by dialing (800) 633-8284 and entering the passcode, 22029021. The live ...

SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) (“Citi Trends” or the “Company”), a leading specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and multicultural families in the United States, today announced that it will nominate three new independent directors—David Heath, Charles Liu and Michael Kvitko—for election to the Company’s Board of Directors (the “Board”) at the 2024 Annual Meeting of Stockholders (the “2024 Annual M ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 28, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-51315 CITI TRENDS, INC. (Exact name of registrant as specified in its charter) Delaware 52-2150697 (State or other jurisdiction of (I.R.S. Employer incorporatio ...

Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Mike Baker - D.A. Davidson Chuck Grom - Gordon Haskett John Lawrence - Benchmark Operator Citi Trends, Inc. (NASDAQ:CTRN) Q3 2023 Results Conference Call November 28, 2023 9:00 AM ET Company Participants Nitza McKee - Senior Associate David Makuen - Chief Executive Officer Heather Plutino - Chief Financial Officer Now turning to our outlook. As we've discussed in prior earnings calls, our previous guidance assumes improvement in the se ...

We expect that our operations in the short-term will continue to be influenced by general economic conditions, including the recent inflationary pressures, which are particularly impactful to the communities we serve. Given the macroeconomic environment, we expect low-income families to remain under pressure through the majority of fiscal 2023. In addition, we continue to monitor the impacts on our business of unemployment levels, wage inflation, interest rates, inflation rates, housing costs, energy costs, ...

Citi Trends, Inc. (NASDAQ:CTRN) Q2 2023 Earnings Conference Call August 22, 2023 9:00 AM ET Company Participants Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Group Greg Sommer - Gordon Haskett Greetings, and welcome to the Citi Trends 2Q '23 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded Tuesday, August 22, 2023. Thank you, Chris, and good morning, everyone. Thank you for joining us on Citi Trend's second quarter 2023 earnings call. O ...