Stock daily read

What happened with CTRN today?

Why it moved
Explains possible causes using the day’s news and filings
Moving with the market?
Uses market moves and trading volume to assess what drove the change
What to watch next
The next thing that could change the call, and what to look for

No read yet

Uses news and trading volume to explain the day’s move and how it relates to the market.

Investment outlook

CTRN in three months: buy, wait or sell?

Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.

In the report
  • Buy / Wait / Sell rating
  • 3-month target price
  • Bear · Base · Bull
  • vs. the market

Company

Company overview

Citi Trends sells clothing and footwear for the whole family, accessories and home products to value-conscious shoppers in the United States, primarily Black families. It selects merchandise around these customers’ fashion preferences, mixing low-priced basics with familiar brands and deeply discounted finds. Customers buy at everyday low prices rather than through regular coupons or promotional sales. Its revenue comes mainly from merchandise sold in stores; it does not offer online purchasing.

The company buys its merchandise from outside suppliers, often committing before the selling season. Earnings depend on choosing styles customers want and stocking the right goods in each store: unsold inventory can require markdowns. Stores are primarily in outdoor community shopping centers, so sales also depend on local foot traffic, including shoppers drawn by neighboring anchor retailers.

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Source: SEC filing

Red flags

Know what’s buried in CTRN’s filings before you buy

The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.

Sorted into
  • Happening now
  • Could go wrong
  • Built in

Moat

CTRN says it has a moat. Does it hold up?

Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.

Each edge rated
  • Strong
  • Moderate
  • Limited
  • Unproven

Related companies

Citi Trends’ results hinge on value-conscious families’ spending, fresh, culturally relevant merchandise, and control of markdowns and inventory losses; none of the supplied companies closely matches its off-price business.

Agenda

in 28 daysTue, Nov 17

  1. 8:30 AMET pre-market

    Retail Sales MoM (Oct)

    Retail sales track what consumers spend at stores; that spending can lift or reduce purchases of Citi Trends’ apparel, footwear, accessories and home goods, and the sales revenue it earns.

in 42 daysTue, Dec 1

  1. Time to be announced
    Major

    Citi Trends, Inc. earningsThis company

    Citi Trends sells apparel, footwear and home goods in stores, and this report will show whether customer spending continues to cover merchandise and store costs.