- Citi Trends posts 4Q profit
SAVANNAH, Ga. (AP) _ Citi Trends Inc. (CTRN) on Friday reported fiscal fourth-quarter net income of $5.6 million.
On a per-share basis, the Savannah, Georgia-based company said it had net income of 38 cents.
The clothing and accessories company posted revenue of $185.5 million in the period.
For the year, the company reported profit of $13.3 million, or 91 cents per share. Revenue was reported as $695.2 million.
Citi Trends shares have declined 12 percent since the beginning of the year. The stock has decreased 11 percent in the last 12 months.
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