secwatch.observer — SEC 8-K summary
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Issuer:     Citi Trends Inc (CTRN)
CIK:        0001318484
Form:       8-K
Filed at:   2021-11-30T23:59:59+00:00
Accession:  0001104659-21-144690
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citi Trends Q3 EPS $1.03, sales up 14.5% YoY; raises FY2021 guidance to $6.95-$7.10
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- Total sales $228.0M, +24.5% vs Q3 2019; comparable store sales +13.1% vs Q3 2020.
- Gross margin 40.3% (up 290 bps vs Q3 2019); operating margin 5.1% (up 600 bps).
- Raises FY2021 EPS guidance to $6.95-$7.10 from $6.30-$6.50; revenue outlook $1.0-$1.015B.
- Board authorized new $30M share repurchase program; $8.1M remained under prior authorization.
- Opened 11 new stores in Q3; planning ~40 new stores and ~40 remodels in FY2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318484/000110465921144690/0001104659-21-144690-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318484/000110465921144690/tm2134037d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-144690

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