Citi Trends Reports Preliminary Q3 Results Above Prior Outlook; Preliminary Total Sales $179.1M (Est $178.651M), Comparable Store Sales Increase 5.7%
Citi Trends Reports Preliminary Q3 Results Above Prior Outlook; Preliminary Total Sales $179.1M (Est $178.651M), Comparable Store Sales Increase 5.7%
More details will be provided with the Company's Q3 earnings release on December 3, 2024.Q3 sales results are expected to be above the Company's previous outlook of second half comparable store sales results flat to up low single digits compared to prior year.
第三季度的銷售業績預計將高於公司先前對下半年可比門店銷售業績的展望，與去年同期相比持平至較低的個位數。
Gross margin for Q3 2024 is expected to be 39.8%, an increase of 160 basis points compared to Q3 2023. Sales and gross margin results are due to improved product, better allocation methods and increased customer traffic.
2024年第三季度的毛利率預計爲39.8％，與2023年第三季度相比增長了160個點子。銷售和毛利率業績歸因於產品的改進、更好的分配方法和客戶流量的增加。
Q3 2024 Adjusted EBITDA is expected to be a loss of $3.3 million, which includes strategic costs for in-depth customer and market research and costs to improve operational processes.
2024年第三季度調整後的息稅折舊攤銷前利潤預計將虧損330萬美元，其中包括深入的客戶和市場研究的戰略成本以及改善運營流程的成本。
More details will be provided with the Company's Q3 earnings release on December 3, 2024.
更多細節將在公司於2024年12月3日發佈的第三季度業績中提供。
