Citi Trends Inc CTRN reported a wider-than-expected loss in its fiscal second-quarter.
Citi Trends reported a quarterly net loss at $10 million, or $0.69 per share, versus a loss of $567,000, or $0.04 per share, in the year-ago period. Its revenue climbed 0.9% y/y to $130.2 million from $129 million. However, analysts were expected a loss of $0.64 per share on revenue of $130.9 million.
Citi Trends' revenue in stores open at least one year dipped 11.9%.
Citi Trends shares closed at $12.37 yesterday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in