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BUZZ-Apparel retailer Citi Trends jumps on full-year sales forecast raise

Reuters
2025/12/02
BUZZ-Apparel retailer <a href="https://laohu8.com/S/CTRN">Citi Trends</a> jumps on full-year sales forecast raise

** Shares of apparel and accessories retailer Citi Trends <CTRN.O> up about 10% at $48.40 premarket

** Co raises FY2025 same-store sales growth forecast to high-single digits, which is on the high end of previous outlook

** Q3 comparable store sales rise 10.8% yr/yr

** "Increased traffic is driving the majority of our sales growth. We delivered a strong back-to-school season fueled by continued momentum in our Children’s, Men's and Basic apparel divisions," says CEO Ken Seipel

** Up to last close, stock up about 28% YTD

(Reporting by Sanskriti Shekhar in Bengaluru )

((Sanskriti.Shekhar@thomsonreuters.com))

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