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SAVANNAH, Ga
Citi Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today announced the grant winners of its Black History Makers program.
In January 2021, CITIcares powered by Citi Trends, launched its Black History Makers program to honor Black entrepreneurs who are making an impact in their communities. To increase awareness of Black-owned businesses, and in honor of Black History Month, Citi Trends encouraged Black business owners to apply for one of ten $5,000 grants to further their business.
The Company’s Black History Makers program is guided and managed by its CITIcares Council. Launched in 2020, the CITIcares Council was created to oversee initiatives of change that will have a positive impact on the lives of Citi Trends’ customers and employees in the communities the Company’s stores call home.
Citi Trends Announces Next Steps Under Its Capital Return Program streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Citi Trends: Fiscal Q1 Earnings Snapshot
by The Associated Press
Last Updated May 25, 2021 at 6:58 am EDT
SAVANNAH, Ga. (AP) Citi Trends Inc. (CTRN) on Tuesday reported fiscal first-quarter net income of $30.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Savannah, Georgia-based company said it had profit of $3.23.
The clothing and accessories company posted revenue of $285.4 million in the period.
Citi Trends expects full-year earnings to be $4.55 to $4.75 per share, with revenue in the range of $970 million to $990 million.
Citi Trends shares have increased 81% since the beginning of the year. The stock has risen sixfold in the last 12 months.
Earnings Scheduled For May 25, 2021 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.