Citi Trends, Inc. (CTRN)

Upthumb. Good cash flow. 27% sales growth rate. 36% cap-ex -- major expansion program. No debt.

Weak technicals.

they will have disappointing 3rd quarter numbers... people in the hood have gone back to stealing clothes and "borrowing" clothes from their siblings and friends

There have been many calling a top for this stock. After today’s pop, we might be closer to that top. At some point, a lack of retail profits will lead this stock price lower.

Google the phrase Zacks Releases Four Powerful ''Buy'' Stocks, if you trust Zacks these may return at or near 26%

among the overprice retailers, chart appears to be topping

Retail is way overpriced right now. This is one of the areas that is going to get hit the hardest by increasing unemployment. The rate of job losses may have slowed, but employment is still definitely in a negative trend that is unlikely to reverse any time soon. Spending and lifestyle changes still lay in the future for many Americans. Stay away from discretionary retail that can easily be substituted for with something cheaper.

NEED MORE LOCATIONS

Discount retailer of close-outs and cancellations. IPO less than 2 years ago and topped out around $45 per share. Recent concerns regarding internal theft have adversely impacted the stock price. New store openings remain on track at > 100 per year. Outside consulting has provided guidance that should be reflected no later than the Q3 results.

Shares of Citi Trends Inc. are rising, after the apparel maker said fourth-quarter profit beat expectations and it offered a strong 2008 forecast.

The company forecast a profit of $1.10 to $1.15 per share, while analysts polled by Thomson Financial predict a profit of $1 per share. Citi Trends said fourth-quarter net income fell 19 percent to $8.4 million, or 59 cents per share, as it increased markdowns to clear inventory. Analysts expected a smaller profit of 44 cents per share.

Wachovia Capital Markets analyst Lyn Rhoads Walther said the company has made a number of changes to help profit, including paring down inventory, installing surveillance cameras to reduce theft and more closely aligning payroll hours with sales.

Nice clean balance sheet

Latest Earning Report this past week WAS weak, as is the fashion-mix for this company.

Combine this with the downward trending apparel market this holday season and you have a worsening picture for 1st Quarter '08.

The latest major swing to a loss combined with the company's lowered guidance should raise a big enough red flag.

If you must be in Retail, there are many other more attractive options than CTRN, which will not recover until well into 2008 (if then).

Ok. I'm making this pick minutes before they announce earnings so I'm guessing we're near bottom. They've already lowered guidance, recognized trouble with inventory levels and inside theft. I'm guessing they will make improvements in these areas. Also, p/e is too low to resist, cash flow is not a problem, and southeast region where they operate is probably not the worst place to be now, while other regions offer future growth options.

Bottoming out now. The institutional investors made their money and are dumping the stock. Long-term the story looks good. CTRN is almost totally based in the south now. East Coast penetration no farther than Baltimore. Think of all the untapped ghetto markets. NJ/NY and California are beckoning. I did go to a store to check it out and almost got shot. The things I do to make money....

Trends for the Citi Trends (CTRN) do not seem to follow a healthy trend considering the unsupportive market conditions. Although, revenues in the first quarter of fiscal 2007 which is one of the best selling quarter has spurt by 16.2 percent, the bottom-line suffered, as a result of massive deleveraging in the operating expenses. Easter has been one of the prime selling period of the company however, unseasonably cool weather has curtailed the sales of spring and summer apparel in 2007 thereby truncating the revenue growth immensely.

Lately, SG&A expenses were the main culprits in the reduced net income of the company. These expenses are primarily related to store opening and distribution and corporate costs related to the openings. Management has plans to open 28 to 30 more stores in the remaining period of fiscal 2007. However, the probability of driving sales in the future arouses skepticism as the economic slowdown and rising oil prices would aggravate consumer spending. This could put pressure on the margins considering the expenses incurred to build new stores.

Target market for the company, which is African Americans, looks good considering their wide presence in southeast and the spending levels. However, management expects bleak same-store sales growth for fiscal 2007 based on the poor revenue performance in the best season. As a result, company expects a measly over 8% rise in their EPS, which is much lower than the historical levels. Thus, CTRN looks pretty expensive scrip to buy at the current levels.

A regional to national story. Lots of room for growth

Great growth potential in the african american market.

A regional to national story. Month to month sales increases bode well for this company. Recent spike in price does not make in an ideal time to buy. Suggest waiting for a drop to under 40 and then grabbing a bite.

this stock is WAY OVERPRICED...I will close my position at $25