Citi Trends stock fell 3.02 percent as Q2 sales grew
AD HOC NEWS
Citi Trends (CTRN) stock fell 3.02 percent despite reporting a 10.9 percent increase in Q2 sales, reaching USD 211.6 million. The decline was attributed to a quarterly loss of USD 0.9 million, contrasting with a profit in the prior year, despite strong comparable-store sales growth. Analysts maintain a Buy rating with a target price significantly higher than the current market quote.
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