Citi Trends reports 18% sales growth to $216 mn in Q2 FY20

Citi Trends, a US-primarily based benefit retailer of apparel, accessories and residence merchandise, announced 18.2 per cent product sales advancement to $216.2 million in its 2nd quarter (Q2) FY20 ended on August 1, compared to product sales of $182.eight million all through the identical quarter for preceding fiscal. Web money for the quarter jumped to $19.eight million compared to $.4 million in Q2 FY19.

 

“While the functioning ecosystem was in contrast to nearly anything we’ve witnessed, I am quite pleased with our team’s resiliency and potential to adapt to modifying disorders as we continue on to prioritise the health and fitness and safety of our workforce and the communities we provide,” David Makuen, chief executive officer at Town Trends, stated in a press release. 

 

“To that conclude, we properly reopened all of our merchants by July 18, with shopper response to our reopenings exceeding our prior anticipations, including a similar

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