citi trends is a value-priced retailer of urban fashion apparel, shoes, accessories and home décor for the entire family. our merchandise offerings are designed to appeal to the preferences of fashion & value conscious consumers. our goal is to provide nationally recognized branded merchandise at discounts off department and specialty stores’ regular prices of 20% to 70%. citi trends buyers source merchandise from over 1600 vendors to deliver quality fashion product at outstanding value for our customers. in may 2005, citi trends became a publicly traded company on the nasdaq exchange with the symbol ctrn. citi trends' headquarters are located in savannah, georgia. in addition to the corporate office in savannah, we have one distribution center in darlington, south carolina and another in roland, oklahoma. we have buying offices in new york city and los angeles. we operate 515 stores in 31 states and employ approximately 4500 people.
Company profile
Ticker
CTRN
Exchange
Website
CEO
Bruce Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Citi Trends Marketing Solutions, Inc. ...
IRS number
522150697
CTRN stock data
Latest filings (excl ownership)
8-K
Citi Trends Announces Fourth Quarter and Fiscal 2023 Results
19 Mar 24
8-K
Departure of Directors or Certain Officers
12 Mar 24
8-K
Citi Trends Announces Refresh of Board of Directors
29 Feb 24
8-K
Comp sales decreased -0.3% compared to Fiscal 2022, a significant trend improvement
8 Jan 24
8-A12B
Registration of securities on exchange
8 Dec 23
8-K
Entry into a Material Definitive Agreement
8 Dec 23
10-Q
2023 Q3
Quarterly report
6 Dec 23
8-K
Citi Trends Announces Third Quarter 2023 Results
28 Nov 23
10-Q
2023 Q2
Quarterly report
6 Sep 23
8-K
Citi Trends Announces Second Quarter 2023 Results
22 Aug 23
Transcripts
CTRN
Earnings call transcript
2024 Q4
19 Mar 24
CTRN
Earnings call transcript
2024 Q3
28 Nov 23
CTRN
Earnings call transcript
2023 Q2
22 Aug 23
CTRN
Earnings call transcript
2023 Q1
23 May 23
CTRN
Earnings call transcript
2022 Q4
21 Mar 23
CTRN
Earnings call transcript
2022 Q3
29 Nov 22
CTRN
Earnings call transcript
2022 Q2
24 Aug 22
CTRN
Earnings call transcript
2022 Q1
24 May 22
CTRN
Earnings call transcript
2021 Q4
15 Mar 22
CTRN
Earnings call transcript
2021 Q3
30 Nov 21
Latest ownership filings
4
David N. Makuen
22 Mar 24
4
Lisa A. Powell
22 Mar 24
SC 13D/A
Fund 1 Investments, LLC
21 Mar 24
4
Change in insider ownership
20 Mar 24
4
Change in insider ownership
12 Mar 24
SC 13D/A
Fund 1 Investments, LLC
12 Mar 24
4
Change in insider ownership
8 Mar 24
4
Change in insider ownership
4 Mar 24
SC 13D/A
Fund 1 Investments, LLC
1 Mar 24
4
Vivek Bhargava
15 Feb 24
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Jan 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 59.73 mm | 59.73 mm | 59.73 mm | 59.73 mm | 59.73 mm | 59.73 mm |
Cash burn (monthly) | 2.03 mm | 1.50 mm | 2.00 mm | 1.27 mm | 969.00 k | 337.92 k |
Cash used (since last report) | 10.25 mm | 7.59 mm | 10.10 mm | 6.41 mm | 4.89 mm | 1.71 mm |
Cash remaining | 49.47 mm | 52.14 mm | 49.63 mm | 53.32 mm | 54.84 mm | 58.02 mm |
Runway (months of cash) | 24.4 | 34.7 | 24.8 | 42.0 | 56.6 | 171.7 |
Institutional ownership, Q3 2023
97.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 67 |
Opened positions | 15 |
Closed positions | 12 |
Increased positions | 24 |
Reduced positions | 22 |
13F shares | Current |
---|---|
Total value | 162.91 bn |
Total shares | 8.31 mm |
Total puts | 22.20 k |
Total calls | 59.20 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Alliancebernstein | 974.45 k | $21.65 bn |
Fund 1 Investments | 854.61 k | $18.99 bn |
Paradigm Capital Management | 827.05 k | $18.38 bn |
Cooper Creek Partners Management | 546.05 k | $12.13 mm |
Dimensional Fund Advisors | 532.06 k | $11.82 bn |
Vanguard | 425.33 k | $9.45 bn |
Jennison Associates | 376.28 k | $8.36 bn |
BLK Blackrock | 350.22 k | $7.78 bn |
Integrated Core Strategies | 330.07 k | $31.27 mm |
BK Bank Of New York Mellon | 272.44 k | $6.05 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Mar 24 | Powell Lisa A. | Common Stock | Payment of exercise | Dispose F | No | No | 28.6 | 740 | 21.16 k | 21,828 |
20 Mar 24 | Makuen David N. | Common Stock | Payment of exercise | Dispose F | No | No | 28.6 | 802 | 22.94 k | 32,633 |
20 Mar 24 | Fund 1 Investments | Common Stock | Buy | Acquire P | Yes | No | 28.6851 | 14,500 | 415.93 k | 1,660,664 |
19 Mar 24 | Fund 1 Investments | Common Stock | Buy | Acquire P | Yes | No | 28.5489 | 85,423 | 2.44 mm | 1,646,164 |
18 Mar 24 | Fund 1 Investments | Common Stock | Buy | Acquire P | Yes | No | 29.5043 | 11,000 | 324.55 k | 1,560,741 |
12 Mar 24 | Fund 1 Investments | Common Stock | Buy | Acquire P | Yes | No | 30.4226 | 4,000 | 121.69 k | 1,549,741 |
11 Mar 24 | Fund 1 Investments | Common Stock | Buy | Acquire P | Yes | No | 30.3274 | 15,000 | 454.91 k | 1,545,741 |
8 Mar 24 | Fund 1 Investments | Common Stock | Buy | Acquire P | Yes | No | 31.4335 | 12,500 | 392.92 k | 1,530,741 |
7 Mar 24 | Fund 1 Investments | Common Stock | Buy | Acquire P | Yes | No | 31.801 | 34,500 | 1.10 mm | 1,518,241 |
6 Mar 24 | Fund 1 Investments | Common Stock | Buy | Acquire P | Yes | No | 31.7837 | 12,961 | 411.95 k | 1,483,741 |
News
Craig-Hallum Downgrades Citi Trends to Hold
20 Mar 24
Benchmark Reiterates Buy on Citi Trends, Maintains $35 Price Target
20 Mar 24
Citi Trends Q4 Adjusted EPS $0.53 Misses $0.79 Estimate, Sales $215.18M Miss $216.32M Estimate
19 Mar 24
Core & Main, Caleres And 3 Stocks To Watch Heading Into Tuesday
19 Mar 24
Investor Optimism Decreases Ahead Of Fed Meeting; S&P Snaps 3-Session Losing Streak
19 Mar 24