Citi trends reports q3 loss per share $0.09

Citi trends announces third quarter 2019 results and next steps under its capital return program.q3 loss per share $0.09.q3 revenue $183.1 million.authorizes $25 million share repurchase program.peter sachse named interim ceo.comparable store sales increase 2.6% in quarter; full-year guidance raised.plans to annually grow store base by 25 to 30 stores and remodel 50 stores.optimistic about upcoming holiday season.increasing lower end of its full year fiscal 2019 earnings per diluted share guidance.sees fy 2019 earnings per share $1.40 to $1.50 when adjusted for proxy-contest related expenses.expect comparable store sales will increase in a range of 2% to 4% in q4.board is continuing its search for a permanent ceo.smith intends to remain with company as president until feb. 1, 2020.board declared a quarterly cash dividend of $0.08 per common share.
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