Citi Trends Q1 adj. EPS $0.42 beats guidance; comps -29% YoY; guides FY22 rev $860-880M

Citi Trends Inc

2022-Q1 EPS reported $3.59 revenue$208,215,000

Total sales $208M; comp store sales down 29.2% vs Q1 2021; positive stack 5.8% vs Q1 2019.
GAAP diluted EPS $3.59 incl. $46M gain; adjusted diluted EPS $0.42 exceeds high end of guidance.
Gross margin 39.0% vs 42.6% in Q1 2021; down 360 bps.
Completed sale-leaseback of Darlington, SC DC for $46M.
FY22 guidance: revenue $860-880M, adj. EPS $2.25-$2.75, comp sales down 14-16%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.