Professional
Added to YB: 2020-07-21
Pitch date: 2020-07-21
CTRN [bullish]
Citi Trends, Inc.
+167.19%
current return
Author Info
No bio for this author
Company Info
Citi Trends, Inc. operates as a value retailer of fashion apparel, accessories, and home goods. The company offers apparel, such as fashion sportswear and footwear for men and ladies, as well as apparel for kids, including newborns, infants, toddlers, boys, and girls; sleepwear, lingerie, and scrubs for ladies; and kids' uniforms and accessories.
Market Cap
$319.4M
Pitch Price
$16.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.60
P/E
-19.71
EV/Sales
0.62
Sector
Specialty Retail
Category
value
Choice Equities Capital new position: Citi Trends (CTRN)
CTRN: Discount retailer Citi Trends targets female African American customers. Pre-COVID, aimed for 3-4% SSS growth, expanding margins, 20-25% EPS CAGR. 90% of stores reopened by May-end due to geographic mix. Reopened stores saw +50% SSS growth, highlighting strong customer connection & execution. Cash generation to boost strong balance sheet, potentially resuming shareholder returns. Trades at ~10x 2019 EPS vs peers near 2x with lower growth.
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