Citi Trends shows growth, but stock remains unattractive
Citi Trends reported solid results for the fourth quarter of 2024, showing strong sales growth. The company also provided positive expectations for the upcoming fiscal year in 2025. Despite these improvements, Citi Trends is only predicting breakeven operating income for next year. This cautious outlook is mainly due to ongoing challenges in the market. While there are signs of recovery for the company, analysts consider the stock price to be unattractive at this time. Overall, Citi Trends is on a path to improvement, but the future remains uncertain.