Citi Trends (CTRN) Reports Q3 EPS of $0.67
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Citi Trends Announces Third Quarter 2020 Results
December 1, 2020 6:45 AM ESTThird quarter total sales increased 8.8% to $199 million and comparable sales increased 6.3%
Gross margin increased 440 bps to 41.8% driven by full-priced sales
Operating margin expanded to 4.7% compared to (0.9%) in the prior year period
Earnings per share of $0.67 compared to ($0.09) in the third quarter of 2019
Strong liquidity with $96.8 million of cash and no debt at the end of the quarter
SAVANNAH, Ga.--(BUSINESS WIRE)-- Citi... More
