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Citi Trends Near Me

Citi Trends Near Me

Citi Trends Near Me

Today, Citi Trends Near Me went live. It's your personal search service for finding news you care about, information on events happening near you, and expert insights from Citi experts. It's free and available on the Citi app, desktop, and mobile Web. It's here for you to discover the world around you.

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Earnings per share of $3.23 far exceeded our beginning of period expectations and the guidance range we provided with our business back in mid-April. This was another well-executed high-performance quarter for Citi Trends. Our transformation is well under way, and not only do we have strong momentum in the business, we are reading and reacting to the environment with great agility while uncovering new ways to elevate and amplify our unique specialty value brand position.

My favorite example of trend evolution is found in our men's CITI of which I'm a shopper. Early in the year, it was all about the Paint Splatter as an exclusive treatment on tops and bottoms. And as the quarter progressed, it became more about paint smear and then it became rhinestone and patching. The attention to these small but important details is what makes a trend brand, a great trend brand. We're so excited to deliver the trends in Citi Trends, filled with freshness and excitement for our customers, resulting in improved inventory turns and healthy gross margins. (Source: www.fool.com)

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I am proud to say that nearly 80% of our employees are African-American or Latinx and 83% of our employees are female, and that more than 90% of our store management positions are filled by women. Along these lines, as we announced today in our press release, I have pledged on behalf of Citi Trends to advance diversity and inclusion within the workplace by signing the CEO action for Diversity and Inclusion Pledge, joining many other CEOs. Joining this group will help us accelerate our continued dialog on these matters.

As you know in our space of everyday value, it's not really a lever that we need to use all that much. And in our case, our competitive -- our competitive circle, if you will, is more limited perhaps than others given where our stores sit and given the customers that we cater to. So, I think for us, it's just kind of staying very focused on turning fast, buying smart, not getting over our skis, getting into a trend, getting out of a trend, moving on, and creating this freshness and newness factor that I think if we keep our eyes on that prize, and not worry too much about the noise around us. I think it really bodes well to feed our specialty store life environments. (Source: www.fool.com)

 

 

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