secwatch.observer — SEC 8-K summary
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Issuer:     Citi Trends Inc (CTRN)
CIK:        0001318484
Form:       8-K
Filed at:   2021-08-24T23:59:59+00:00
Accession:  0001104659-21-108758
Event type: earnings
Sentiment:  positive
Materiality: 0.95
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citi Trends reports strong Q2 2021 results with sales up 29.8% vs Q2 2019 and EPS of $1.36
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- Total sales increased 29.8% to $237.3 million compared to Q2 2019
- Comparable store sales grew 25.6% over Q2 2019; gross margin expanded 350 bps to 40.8%
- Diluted EPS of $1.36 versus $0.03 in Q2 2019; operating margin improved to 6.9%
- Board authorized a new $30 million share repurchase program; Q2 buyback totaled $18.9 million
- Raised full-year 2021 guidance: expects total sales ~$1 billion and EPS of $6.30-$6.50

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318484/000110465921108758/0001104659-21-108758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318484/000110465921108758/tm2125706d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-108758

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