secwatch.observer — SEC 8-K summary
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Issuer:     Citi Trends Inc (CTRN)
CIK:        0001318484
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0001104659-23-002045
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citi Trends reports holiday sales $171.9M (-16.1% YoY); guides Q4 EPS $0.78-$0.86, cash ~$95-105M
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- Holiday sales for nine weeks ended Dec 31, 2022: $171.9M, down 16.1% vs 2021 but up 0.8% vs 2019.
- Comparable store sales decreased 17.5% in the holiday period year-over-year.
- Q4 2022 EPS guided to $0.78-$0.86; second-half FY2022 EPS $3.80-$3.88 ($1.02-$1.10 adjusted).
- Year-end cash balance expected $95M-$105M; reaffirms all other second-half guidance components.
- Second-half FY2022 adjusted EPS midpoint up ~38% vs second-half FY2019 adjusted EPS of $0.77.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318484/000110465923002045/0001104659-23-002045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318484/000110465923002045/tm232513d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-002045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer