Citi Trends (NASDAQ:CTRN) reported its Q1 earnings results on Tuesday, May 23, 2023 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Citi Trends missed estimated earnings by 120.0%, reporting an EPS of $-0.66 versus an estimate of $-0.3.

Revenue was down $28.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 9.81% drop in the share price the next day.

Here's a look at Citi Trends's past performance:

To track all earnings releases for Citi Trends visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.