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Citi Trends net sales improve 27.9% in July

03 Aug '06
1 min read

Citi Trends Inc reported unaudited sales results for the four-week and thirteen-week periods ended July 29, 2006.

Total net sales for the four-week period ended July 29, 2006 increased 27.9 percent to $24.2 million compared with $18.9 million for the four-week period ended July 30, 2005.

Comparable store sales increased 7.7 percent for the four-week period ended July 29, 2006, compared with an 8.5 percent increase in the prior-year period. Relocated and expanded stores are included in the comparable store sales results.

Total net sales for the thirteen-week period ended July 29, 2006 increased 28.4 percent to $76.3 million compared with $59.5 million for the thirteen-week period ended July 30, 2005.

Comparable store sales increased 7.3 percent for the thirteen-week period ended July 29, 2006, compared with an 11.5 percent increase in the prior-year period.

Citi Trends Inc is a value-priced retailer of urban fashion apparel and accessories for the entire family.

The Company currently operates 253 stores located in 16 states in the South, Southeast, Midwest and Mid-Atlantic regions.

Citi Trends Inc

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