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Citi Trends posts 3Q profit

SAVANNAH, Ga. (AP) _ Citi Trends Inc. (CTRN) on Tuesday reported fiscal third-quarter net income of $647,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the Savannah, Georgia-based company said it had net income of 5 cents.

The clothing and accessories company posted revenue of $176.9 million in the period.

Citi Trends shares have increased 17 percent since the beginning of the year. The stock has risen slightly more than 3 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTRN at https://www.zacks.com/ap/CTRN