Key Developments For Citi Trends, Inc.
Citi Trends, Inc. (CTRN.O) (Nasdaq)
Citi Trends, Inc. Issues FY 2009 EPS Guidance In Line With Analysts' Estimates; Comments On Q4 2009 Comparable Store Sales Guidance
Citi Trends, Inc. announced that fiscal 2009 earnings will be in a range of $1.30 to $1.35 per diluted share. This guidance is based upon an anticipated comparable store sales increase of 1% to 3% in the fourth quarter of 2009. According to Reuters Estimates, analysts were expecting the Company to report earnings of $1.31 for fiscal 2009.
Citi Trends, Inc. Announces Ed Anderson To Retire As CEO
Citi Trends, Inc. announced that Ed Anderson, Chairman and Chief Executive Officer (CEO), will retire as CEO effective April 4, 2009. David Alexander, currently President and Chief Operating Officer, will assume the role of Chief Executive Officer and become a member of the Board of Directors, effective April 5, 2009.
Citi Trends, Inc. Issues FY 2009 EPS Guidance Above Analysts' Estimates; Comments On FY 2009 Comparable Store Sales Guidance
Citi Trends, Inc. announced that for fiscal 2009, it expects earnings of approximately $1.30 per diluted share. This guidance includes an anticipated fiscal 2009 comparable store sales increase of approximately 3%. According to Reuters Estimates, analysts were expecting the Company to report EPS of $1.06 for the same period.
Citi Trends, Inc. Hires President and Chief Operating Officer
Citi Trends, Inc. announced hat David Alexander will be joining the Company, effective December 08 2008 as President and Chief Operating Officer. He will report to Chairman and Chief Executive Officer, Ed Anderson; his areas of responsibility will include Store Operations, Distribution/Warehousing, and Real Estate.
Citi Trends, Inc. Lowers FY 2008 EPS Guidance; Comments On Q4 2008 Comparable Store Sales Guidance
Citi Trends, Inc. announced that for fiscal 2008, it expects earnings in the range of $0.95-$1.05 per diluted share. This guidance is based upon an anticipated comparable store sales decrease of 3% to 6% in the fourth quarter of 2008. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.98 for the same period.
