Citi Trends Announces First Quarter Sales
May 07 2008 - 4:00PM
Business Wire
Citi Trends, Inc. (NASDAQ: CTRN) today reported unaudited sales
results for the first quarter of fiscal 2008. Total sales in the
13-week period ended May 3, 2008 increased 13.5% to $121.0 million
compared with $106.6 million in the 13-week period ended May 5,
2007. Comparable store sales increased 0.3% in the first quarter.
The Company expects to report complete financial results for its
first quarter and update its fiscal 2008 outlook after the market
closes on May 21, 2008. About Citi Trends Citi Trends, Inc. is a
value-priced retailer of urban fashion apparel and accessories for
the entire family. The Company currently operates 331 stores
located in 20 states in the Southeast, Mid-Atlantic and Midwest
regions and the state of Texas. Citi Trends� website address is
www.cititrends.com. CTRN-E
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