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Citi Trends Stock Jumps Despite Q4 Miss, Bets Big On 'Off-Price' Model
Summary
Citi Trends shares rise after reporting its fourth-quarter earnings. Despite a 1.8% sales decline to $211.17 million, the company saw a 6.4% increase in comparable store sales. Citi Trends reported a 60-basis-point expansion in gross margin.
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Read Full ArticleArticle published on March 18, 2025 by benzinga