Citi Trends Inc

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Citi Trends names Smith permanent CEO, hails Q4 Beth Wright | 19 Mar 18

Citi Trends has hailed a comparable sales increase as the "highlight" of its fourth-quarter as the US value fashion retailer promoted Bruce Smith to permanent CEO.


US holiday sales in brief – The Children's Place, Nordstrom, Target Corp Beth Wright | 10 Jan 18

Holiday sales have seen a solid performance at many leading US apparel and footwear retailers, with Target, American Eagle Outfitters, JC Penney, Urban Outfitters and Kohl's among those who have benefited from increased consumer spending on the back of strong economic growth, low unemployment and rising home and equity prices.


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding just-style | 22 Sep 17

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.


US Q1 in brief – Cherokee, The Finish Line, J Crew Michelle Russell and Beth Wright | 10 Jul 17

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas 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. 


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity Michelle Russell and Beth Wright | 15 May 17

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. 


Citi Trends appoints CFO Smith as acting CEO Beth Wright | 24 Mar 17

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.


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity Michelle Russell | 15 Apr 16

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. 


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse Michelle Russell and Katie Smith | 7 Jan 16

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. 


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree Michelle Russell and Beth Wright | 25 Sep 15

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. 


US Q1 in brief: Finish Line, Cherokee, Destination Maternity Michelle Russell and Katie Smith | 26 Jun 15

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.


Citi Trends taps new CEO as Q4 profit surges Katie Smith | 16 Mar 15

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.


Citi Trends widens Q3 loss on charges Michelle Russell | 25 Nov 14

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


US: Citi Trends narrows Q2 net loss Michelle Russell | 20 Aug 14

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


US: Higher sales boost Citi Trends Q1 profit Katie Smith | 23 May 14

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


US: Citi Trends moves to Q4 profit Michelle Russell | 14 Mar 14

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


US: Citi Trends Q3 loss narrows on $1.5m gain Katie Smith | 27 Nov 13

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.


US: Citi Trends Q2 losses narrow on higher sales Katie Smith | 21 Aug 13

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


US: Citi Trends first-quarter profit falls 39% Katie Smith | 22 May 13

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.


US: Citi Trends swings to Q4 loss Petah Marian | 18 Mar 13

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


US: Citi Trends forecasts Q4 loss on disappointing sales Petah Marian | 14 Feb 13

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


US: Citi Trends sees Q3 losses narrow on sales rise Katie Smith | 21 Nov 12

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


US: Citi Trends Q2 losses narrow on sales rise Katie Smith | 15 Aug 12

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


US: Citi Trends Q1 profit down despite sales rise Richard Woodard | 17 May 12

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.


US: Citi Trends reports third consecutive quarter of losses Petah Marian | 12 Mar 12

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


US: Citi Trends widens Q3 loss on sales slump Leonie Barrie | 23 Nov 11

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


US: Citi Trends widens Q3 loss on sales slump Leonie Barrie | 23 Nov 11

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


US: Citi Trends chief merchant resigns Leonie Barrie | 25 Oct 11

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.


US: Citi Trends chief merchant resigns Leonie Barrie | 25 Oct 11

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.


US: Citi Trends to cut jobs, new store openings Leonie Barrie | 23 Sep 11

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.


US: Citi Trends to cut jobs, new store openings Leonie Barrie | 23 Sep 11

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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