Wednesday, 09 May 2007

UPDATE 1-Citi Trends cuts Q1 outlook

(Reuters) - Analysts were expecting first-quarter earnings of 48 cents a share, excluding exceptional items, on revenue of $106.6 million, according to Reuters Estimates.

Shares of the company fell more than 5 percent to $38.00 in late electronic trade, after closing at $40.26 on the Nasdaq.


Read more at Reuters.com Market News

No comments: