Citi Trends Expects Q4 Total Sales To Be Approximately Flat To Up Low-Single Digits Vs. Q4 2022
Portfolio Pulse from Benzinga Newsdesk
Citi Trends anticipates its Q4 total sales to be roughly the same or to increase by a low-single-digit percentage compared to Q4 of the previous year.

November 28, 2023 | 11:51 am
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Citi Trends expects its Q4 total sales to be approximately flat to up low-single digits compared to Q4 of the previous year, indicating stable to slightly positive revenue growth.
The expectation of flat to low-single-digit growth in total sales for Q4 suggests that Citi Trends is maintaining its revenue levels compared to the same quarter in the previous year. This could be perceived as a positive sign by investors, especially in a challenging retail environment, and may lead to a short-term positive impact on the stock price. However, the impact is not guaranteed as the market may have already anticipated this performance, and the actual sales figures could still influence the stock's movement.
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