UPDATE 1-Citi Trends Q4 revenue edges past Street

* Says Jan comp sales down 8.1 pct

* Q4 sales $169.8 vs est $168.8

* Shares fall 5 pct after the bell

Feb 3 (BestGrowthStock) – Citi Trends Inc (CTRN.O: ) posted
fourth-quarter sales that edged past market expectations and
said sales at stores open at least a year declined 8.1 percent
in January.

The fashion-apparel retailer said revenue for the fourth
quarter rose 16 percent to $169.8 million.

Analysts on average were looking for revenue of $168.8
million, according to Thomson Reuters I/B/E/S.

Shares of the Savannah, Georgia-based company were down 5
percent at $27.99 in after-market trade. They closed at $29.42
Wednesday on Nasdaq.

Stock Today

(Reporting by Vidya Lakshmi in Bangalore; Editing by Anne
Pallivathuckal)

UPDATE 1-Citi Trends Q4 revenue edges past Street