Citi trends reports q4 sales rise of 4.9% to $211 million

Citi trends announces fourth quarter & full year 2019 results.q4 earnings per share $0.84.q4 sales rose 4.9 percent to $211 million.q4 same store sales rose 3.1 percent.sees fy 2020 adjusted earnings per share $1.75 to $1.85.quarter-end inventory was down 1.1% comparing favorably to 4.9% total sales increase for q4.citi trends - extent and duration of impacts that coronavirus may have on business are not known at this time.for first five plus weeks of fiscal 2020, company is +3.6% in comparable stores sales.citi trends - "paying close attention to developments relating to outbreak of coronavirus".citi trends - co’s guidance for first quarter earnings per diluted share is in a range of $0.87 to $0.91 on an adjusted basis.citi trends - 2020 guidance does not include any potential impact related to coronavirus.announced authorization of another $30 million share repurchase program.expects to fund share repurchase program from cash on hand.
CTRN Ratings Summary
CTRN Quant Ranking