Citi Trends Inc

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just-style.com | 3 Aug 2006

The following is a general roundup of apparel and shoe chains' July 2006 sales results. The list will be updated as new results become available.


just-style.com | 3 Aug 2006

The following is a general roundup of apparel and shoe chains' July 2006 sales results. The list will be updated as new results become available.

Latest News

In the most recent first-quarter filings from US apparel and footwear brands and retailers, Guess saw earnings fall on soft Americas sales, while Walmart delivered an encouraging start to the year thanks to higher sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. 


In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. 


Beth Wright | 24 Mar 2017

US value fashion retailer Citi Trends has named Bruce Smith, the company's chief financial officer, as acting CEO, following the resignation of Jason Mazzola.


Michelle Russell | 15 Apr 2016

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. 


In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings. 


Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 


First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.


Katie Smith | 16 Mar 2015

US value fashion retailer Citi Trends has announced a number of management changes, including the promotion of Jason Mazzola to president and CEO, after more than doubling its fourth-quarter net profit.


Michelle Russell | 25 Nov 2014

US value fashion retailer Citi Trends has widened its net loss in the third quarter thanks to one-off charges.


Michelle Russell | 20 Aug 2014

Value fashion retailer Citi Trends has narrowed its net loss in the second quarter and revealed growing sales.


Katie Smith | 23 May 2014

Value fashion retailer Citi Trends has seen its first-quarter jump 47% on the back of higher sales and comparable store sales.


Michelle Russell | 14 Mar 2014

Value fashion retailer Citi Trends has moved to a profit in its fourth-quarter and booked an increase in revenues.


Katie Smith | 27 Nov 2013

Value fashion retailer Citi Trends has seen its losses narrow during the third quarter, thanks to a $1.5m gain on the sale of the company's former distribution centre.


Katie Smith | 21 Aug 2013

Value-priced apparel retailer Citi Trends has seen its second quarter losses narrow, thanks to higher sales.


Katie Smith | 22 May 2013

Value-priced apparel retailer Citi Trends has today (22 May) seen its first-quarter profit slump 39% on the back of weaker sales in February and March.


Katie Smith | 25 Apr 2013

Around 9,200 girl's three-piece clothing sets have been recalled by Children's Apparel Network because the waist belt could get caught in small spaces, posing an entanglement hazard.


Petah Marian | 18 Mar 2013

US clothing retailer Citi Trends swung to a fourth quarter loss after recording disappointing sales over the period.


Petah Marian | 14 Feb 2013

US clothing retailer Citi Trends is forecasting a fourth quarter loss after reporting disappointing sales for the period.


Katie Smith | 21 Nov 2012

Value-priced fashion retailer Citi Trends saw its third-quarter net losses narrow on the back of rising sales.


Katie Smith | 15 Aug 2012

Value-priced fashion retailer Citi Trends has narrowed its second-quarter losses as sales edged up 1.6%.


Richard Woodard | 17 May 2012

Value-priced fashion retailer Citi Trends posted a double-digit fall in first quarter net profit as comparable store sales dipped, despite an increase in total revenues.


Petah Marian | 12 Mar 2012

Citi Trends saw losses continue to widen as the US clothing retailer recorded its third-consecutive quarter of losses.


Leonie Barrie | 23 Nov 2011

Value-priced fashion retailer Citi Trends Inc has blamed falling same-store sales and the resulting clearance markdowns for widening its third-quarter loss.


Leonie Barrie | 23 Nov 2011

Value-priced fashion retailer Citi Trends Inc has blamed falling same-store sales and the resulting clearance markdowns for widening its third-quarter loss.


Leonie Barrie | 25 Oct 2011

Value fashion retailer Citi Trends Inc has announced the resignation of its executive vice president and chief merchandising officer Elizabeth Feher, after three years in the post.


Leonie Barrie | 25 Oct 2011

Value fashion retailer Citi Trends Inc has announced the resignation of its executive vice president and chief merchandising officer Elizabeth Feher, after three years in the post.


Leonie Barrie | 23 Sep 2011

Value fashion retailer Citi Trends Inc is to axe 40 jobs in its corporate offices, distribution centres and store organisation, and slow its new store opening plans.


Leonie Barrie | 23 Sep 2011

Value fashion retailer Citi Trends Inc is to axe 40 jobs in its corporate offices, distribution centres and store organisation, and slow its new store opening plans.

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