Citi Trends: Impressive Q3, But The Stock Has Discounted A Full Turnaround
Citi Trends(CTRN) Seeking Alpha·2024-12-03 21:25
Citi Trends, Inc. (NASDAQ: CTRN ) released Q3 2024 results , with great topline comparable expansion at more than 5.5%, driven by traffic and basket size. The company's margins did not expand, and it posted higher losses thanLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the comp ...