Financial Insights: Navigating Citi Trends' Upcoming Earnings Call
Upcoming Financial Disclosure for Citi Trends
Citi Trends, Inc. is scheduled to release its financial results for the third quarter to investors and the public on Tuesday, December 2, prior to the commencement of trading activities. This announcement is a key event for shareholders and market observers.
Expert Predictions for Quarterly Performance
Market analysts are forecasting that the retail company, headquartered in Savannah, Georgia, will report a quarterly net loss of 79 cents per share. This figure aligns closely with the loss recorded in the same period last year, which stood at 78 cents per share. Furthermore, the consensus estimate for Citi Trends' quarterly sales is approximately $192.73 million, marking an increase from the $179.1 million reported in the previous year, according to data compiled by financial intelligence platforms.
Second Quarter Performance Highlights
In a prior announcement on August 26, Citi Trends revealed its sales figures for the second quarter, reaching $190.75 million. This performance represented an 8% increase compared to the prior year and surpassed the analysts' collective forecast of $188.397 million.
Recent Stock Market Activity
On the trading day of Wednesday, shares of Citi Trends experienced a marginal decline of 0.4%, concluding the session at a value of $44.99 per share.
Analyst Adjustments to Price Targets
Recent evaluations by prominent financial analysts indicate revised expectations for Citi Trends' stock performance. One analyst maintained a positive investment recommendation and increased the price objective from $40 to $43 on August 27, 2025, demonstrating a notable accuracy rate of 76% in previous forecasts. Another analyst sustained a neutral stance on the stock, yet elevated the price target from $14 to $20 on December 4, 2024, with a historical accuracy rate of 69%.