Return On Capital Employed Overview: Citi Trends
Looking at Q1, Citi Trends (NASDAQ: CTRN ) earned $39.00 million, a 64.57% increase from the preceding quarter. Citi Trends also posted a total of $285.38 million in sales, a 13.28% increase since Q4. Citi Trends earned $23.70 million, and sales totaled $251.92 million in Q4. Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of Full story available on Benzinga.com
Return On Capital Employed Overview: Citi Trends
Looking at Q1, Citi Trends (NASDAQ: CTRN ) earned $39.00 million, a 64.57% increase from the preceding quarter. Citi Trends also posted a total of $285.38 million in sales, a 13.28% increase since Q4. Citi Trends earned $23.70 million, and sales totaled $251.92 million in Q4. Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of Full story available on Benzinga.com