Citi Trends, Inc. (NASDAQ:CTRN)

WEB NEWS

Wednesday, May 19, 2010

Comments & Business Outlook

The Company is raising its 2010 earnings estimate to a range of approximately $1.75 to $1.80 per diluted share which includes an anticipated 2010 comparable store sales increase of approximately 4% to 5%. For the year, the Company expects to increase selling square footage by at least 15%. The effective tax rate for 2010 is estimated to approximate 35%.



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