Citi Trends Comp store sales up 9%, 26-weeks ended July 30

25 Aug '05

3 min read

For fiscal 2005, the Company plan was to open 40 new stores. In the twenty-six weeks ended July 30, 2005, the Company opened 21 new stores and is on plan for store openings for the remainder of the year.

Fiscal 2005 EPS Outlook
The Company anticipates full year diluted earnings per share of between $0.80 and $0.83 based on 13.4 million diluted shares outstanding. The Company reminds investors of the complexity of accurately assessing future growth given the difficulty in predicting fashion trends, consumer preferences and general economic conditions and the impact of other business variables.

A one-hour conference call will be held on August 25, 2005 at 10:00 am EST to discuss second quarter results and answer questions. To access the conference call, listeners should dial 800-218-8862. International callers should dial 303-262-2211. For those unable to listen at that time, a replay of the call will be available through September 1, 2005 at 800-405-2236 for domestic callers or 303-590-3000 for international callers. The pass code for the replay is 11037385.

The call will be broadcast live over the Internet via company website. For those who are unavailable to listen to the live broadcast, a replay will be available shortly after the call on the above web site for 60 days.

Citi Trends Inc is a value-priced retailer of urban fashion apparel and accessories for the entire family. The Company currently operates 214 stores located in 12 states in the South, Southeast and Mid-Atlantic region.

Citi Trends Inc

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