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Citi Trends Inc

Citi Trends CEO Bruce Smith to step down

12 June 2019 | Beth Wright

Bruce Smith, CEO of US value fashion retailer Citi Trends, is resigning after 12 years at the company – but will continue to serve as CEO until a successor is in place or until 1 February 2020.... read more


US holiday sales in brief – Nordstrom, Citi Trends, Urban Outfitters

15 January 2019 | just-style

It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as Urban Outfitters reported record holiday sales, Kohl's raised its full-year earnings guidance on the back of a 1.2% rise, while US retail giant JC Penney is to shutter three stores this spring on the back of a 5.4% comp sales drop.... read more


Citi Trends names Smith permanent CEO, hails Q4

19 March 2018 | Beth Wright

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.... read more


US holiday sales in brief – The Children's Place, Nordstrom, Target Corp

10 January 2018 | Beth Wright

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.... read more


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding

22 September 2017 | just-style

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.... read more


US Q1 in brief – Cherokee, The Finish Line, J Crew

10 July 2017 | Michelle Russell and Beth Wright

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. ... read more


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity

15 May 2017 | Michelle Russell and Beth Wright

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. ... read more


Citi Trends appoints CFO Smith as acting CEO

24 March 2017 | Beth Wright

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.... read more


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity

15 April 2016 | Michelle Russell

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. ... read more


US Q3 in brief: Finish Line, Gymboree, Cherokee Global Brands, Men's Wearhouse

7 January 2016 | Michelle Russell and Katie Smith

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. ... read more


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree

25 September 2015 | Michelle Russell and Beth Wright

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. ... read more


US Q1 in brief: Finish Line, Cherokee, Destination Maternity

26 June 2015 | Michelle Russell and Katie Smith

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. ... read more


Citi Trends taps new CEO as Q4 profit surges

16 March 2015 | Katie Smith

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.... read more


Citi Trends widens Q3 loss on charges

25 November 2014 | Michelle Russell

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


US: Citi Trends narrows Q2 net loss

20 August 2014 | Michelle Russell

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


US: Higher sales boost Citi Trends Q1 profit

23 May 2014 | Katie Smith

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


US: Citi Trends moves to Q4 profit

14 March 2014 | Michelle Russell

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


US: Citi Trends Q3 loss narrows on $1.5m gain

27 November 2013 | Katie Smith

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.... read more


US: Citi Trends Q2 losses narrow on higher sales

21 August 2013 | Katie Smith

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


US: Citi Trends first-quarter profit falls 39%

22 May 2013 | Katie Smith

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.... read more


US: Children's Apparel Network recalls girl's clothing sets

25 April 2013 | Katie Smith

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.... read more


US: Citi Trends swings to Q4 loss

18 March 2013 | Petah Marian

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


US: Citi Trends forecasts Q4 loss on disappointing sales

14 February 2013 | Petah Marian

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


US: Citi Trends sees Q3 losses narrow on sales rise

21 November 2012 | Katie Smith

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


US: Citi Trends Q2 losses narrow on sales rise

15 August 2012 | Katie Smith

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


US: Citi Trends Q1 profit down despite sales rise

17 May 2012 | Richard Woodard

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.... read more


US: Citi Trends reports third consecutive quarter of losses

12 March 2012 | Petah Marian

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


US: Citi Trends widens Q3 loss on sales slump

23 November 2011 | Leonie Barrie

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


US: Citi Trends chief merchant resigns

25 October 2011 | Leonie Barrie

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.... read more


US: Citi Trends to cut jobs, new store openings

23 September 2011 | Leonie Barrie

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.... read more


US: Citi Trends posts wider Q2 loss

17 August 2011 | Leonie Barrie

Value fashion retailer Citi Trends Inc has blamed falling sales, clearance markdowns and impairment costs for widening its second quarter loss.... read more


US: Citi Trends warns of Q2 loss

21 July 2011 | just-style.com

Lower than expected sales at Citi Trends Inc have forced the value retailer to warn that it expects to post a second quarter loss of $0.60 to $0.70 per share and will open fewer stores than planned this year.... read more


US: Citi Trends lowers outlook as Q1 profit falls

19 May 2011 | just-style.com

Value retailer Citi Trends Inc has trimmed its full year earnings outlook after first quarter profit fell and same-store sales tumbled 6.9%.... read more


US: Citi Trends reports Q4 profit dip

14 March 2011 | just-style.com

US retailer Citi Trends has posted a fall in fourth quarter same-store sales, weighing down on profits.... read more


US: Citi Trends posts Q3 loss despite higher sales

22 November 2010 | just-style.com

Value-priced retailer Citi Trends reported a third quarter loss despite improved sales during the period. ... read more


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