Question-and-Answer SessionOperator Operator Instructions Your first question comes from Brian Tunick - JP Morgan. Brian Tunick - JP Morgan I guess first, that the D&A for the quarter came in a couple of million dollars higher than we are expecting, was there anything that happen in the quarter or...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jeffrey Klinefelter - Piper Jaffray. Jeffrey Klinefelter - Piper Jaffray Interesting comments on the teen unemployment rates and I was just curious if you could share a little bit more about what you’re expecting from those teen customers...
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Citi Trends Inc.’s(CTRN) MACD indicator has moved into bearish territory with a reading of -0.1053. The Zacks #5 Rank (“Strong Sell?) stock declined more than 1% to $14.49 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending Jan 2010 has reduced by 2 cents over the past month to $1.30 per share. "CTRN" Free Stock Analysis: Buy? Sell? Hold? Zacks Investment Research
Citi Trends (CTRN) is exposed to continuing macroeconomic headwinds, which is adversely affecting its performance. The company recorded a 12.4% decline in same-store sales during fiscal 2009 second quarter, while its store expansion efforts dragged down operating results.
Moreover, intense competition from other off-price retailers, mass merchants and smaller players is exerting immense pressure on the [...]
Dean Takahashi drops by to talk about Microsoft's release of the Zune. Takahashi is a columnist for the San Jose Mercury News and author of "The Xbox 360 Uncloaked: The Real Story Behind Microsoft's Next Generation Video Game Console" and "Opening the Xbox: Inside Microsoft's Plan to Unleash an Entertainment Revolution" Host Derek Simon also visits with technical analyst Sean Hyman of iStockAnalyst.com and comments on the continuing slide in the housing market, Milton Friedman?s recent passing, and Starbucks "worst mistake." The Stock of the Week segment focuses on urban fashion retailer Citi Trends (
NASDAQ: CTRN).
A not insignificant part of the Portfolio Smackdown is to gauge how a joe schmo like me would perform following Jim's picks. Read on about why I'm selling CTRN now...
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