{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-093844","form_type":"8-K","ticker":"CTRN","cik":"0001318484","company_name":"Citi Trends Inc","filed_at":"2022-08-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.353387+00:00","generated_at":"2026-06-23T21:38:59.840149+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Citi Trends Q2 sales $185M, comps -24.9%, operating loss $3.3M; guides H2 sales down 8-10% from prior midpoint","bullets":["Q2 total sales $185.0M (-22% YoY); comparable sales -24.9%; operating loss $3.3M vs $16.4M income YoY; diluted EPS -$0.31.","Cash $27.9M, no debt; inventory up 25.5% YoY; $75M credit facility undrawn.","Company to close Roland, OK sale-leaseback in September for $36M, net proceeds ~$32M.","Revised FY2022 guidance: full year sales down 8-10% from prior $870M midpoint; H2 operating income expected in line with H2 2019.","Expense reduction actions: ~$10M in H2 savings, 10% staff reduction; capex cut by ~$10M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-093844","json":"https://secwatch.observer/filing/0001104659-22-093844.json","markdown":"https://secwatch.observer/filing/0001104659-22-093844.md","text":"https://secwatch.observer/filing/0001104659-22-093844.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1318484/000110465922093844/0001104659-22-093844-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1318484/000110465922093844/tm2224400d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T21:38:59.840149+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}