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Citi Trends (Citi Trends) Operating Margin %

: -3.24% (As of Oct. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Citi Trends's Operating Income for the three months ended in Oct. 2023 was $-5.8 Mil. Citi Trends's Revenue for the three months ended in Oct. 2023 was $179.5 Mil. Therefore, Citi Trends's Operating Margin % for the quarter that ended in Oct. 2023 was -3.24%.

Warning Sign:

Citi Trends Inc operating margin has been in a 5-year decline. The average rate of decline per year is -2.4%.

The historical rank and industry rank for Citi Trends's Operating Margin % or its related term are showing as below:

CTRN' s Operating Margin % Range Over the Past 10 Years
Min: -2.13   Med: 2.93   Max: 8.02
Current: -2.13


CTRN's Operating Margin % is ranked worse than
76.4% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 3.485 vs CTRN: -2.13

Citi Trends's 5-Year Average Operating Margin % Growth Rate was -2.40% per year.

Citi Trends's Operating Income for the three months ended in Oct. 2023 was $-5.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Oct. 2023 was $-15.8 Mil.


Citi Trends Operating Margin % Historical Data

The historical data trend for Citi Trends's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Citi Trends Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.43 2.43 4.11 8.02 1.41

Citi Trends Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Operating Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 3.53 -5.26 -4.57 -3.24

Competitive Comparison

For the Apparel Retail subindustry, Citi Trends's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Citi Trends Operating Margin % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Citi Trends's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Citi Trends's Operating Margin % falls into.



Citi Trends Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Citi Trends's Operating Margin % for the fiscal year that ended in Jan. 2023 is calculated as

Operating Margin %=Operating Income (A: Jan. 2023 ) / Revenue (A: Jan. 2023 )
=11.217 / 795.011
=1.41 %

Citi Trends's Operating Margin % for the quarter that ended in Oct. 2023 is calculated as

Operating Margin %=Operating Income (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=-5.825 / 179.52
=-3.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Citi Trends  (NAS:CTRN) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Citi Trends Operating Margin % Related Terms

Thank you for viewing the detailed overview of Citi Trends's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Citi Trends (Citi Trends) Business Description

Traded in Other Exchanges
Address
104 Coleman Boulevard, Savannah, GA, USA, 31408
Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books, and toys.
Executives
Fund 1 Investments, Llc 10 percent owner 100 CARR 115, UNIT 1900, RINCON PR 00677
Jonathan Duskin director MACELLUM CAPITAL MANAGEMENT, LLC, 99 HUDSON STREET, 5TH FLOOR, NEW YORK NY 10013
Pleasant Lake Partners Llc 10 percent owner 100 CARR 115 UNIT 1900, RINCON PR 00677
Pleasant Lake Onshore Feeder Fund Lp 10 percent owner 100 CARR 115 UNIT 1900, RINCON PR 00677
Vivek Bhargava officer: SVP, Supply Chain Operations 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ivy D Council officer: SR VP of HR, Chief Compl Offcr C/O CITI TRENDS, INC., 102 FAHM STREET, SAVANNAH GA 31401
David N. Makuen director, officer: Chief Executive Officer C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Heather L Plutino officer: EVP and CFO 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Brian Carney director 5555 DARROW RD, HUDSON OH 44236
Laurens Goff director C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Jessica Berkowitz officer: SVP, Planning and Allocation 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Kenneth Duane Seipel director 26972 BURBANK, FOOTHILL RANCH CA 92610
Christina M Francis director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Lisa A. Powell officer: Chief Merchandising Officer C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408
Charles J. Hynes officer: Senior VP - Supply Chain CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408

Citi Trends (Citi Trends) Headlines