Risks for CITI TRENDS INC (CTRN)
Here are some interesting risks from the recent filings of CITI TRENDS INC. Our algorithms work hard to highlight risks unique to this company.
You should carefully consider the following risk factors, together with the other information contained or incorporated by reference into this Report. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties not presently known to us or that we deem to be currently immaterial also may impair our business operations. The occurrence of any of the following risks could have a material adverse effect on our business, financial condition and results of operations.
Our success depends on our ability to anticipate, identify and respond rapidly to changes in consumers’ fashion tastes, and our failure to adequately evaluate fashion trends could have an adverse effect on our business, financial condition and results of operations.
If we are unsuccessful in competing with our retail apparel competitors, our market share could decline or our growth could be impaired and, as a result, our financial results could suffer.
Our ability to attract consumers to our stores depends on the success of the strip shopping centers where our stores are located.
We could experience a reduction in sales if we are unable to fulfill our current and future merchandising needs.