Apparel retailer Citi Trends falls after quarterly loss
25/08/2026 15:50
BUZZ-Apparel retailer Citi Trends falls after quarterly loss ** Shares of apparel and accessories retailer Citi Trends CTRN.O down ~5% at $70.72 in early trading
** Co swings to Q2 net loss of $0.9 million, compared to $3.8 million profit last year, hurt by cost pressure from fuel charge hikes
** However, quarterly net sales rise about 11% YOY to $211.6 million
** Co slightly raises FY2026 comparable sales growth between 9% to 11%, from 8% to 10% rise previously
** Up to last close, stock up ~79% YTD
(Reporting by Shania S Thomas in Bengaluru)