Michael Baker

Jeremy Hamblin

Will Forsberg

John Lawrence

- Citi Trends (CTRN) is targeting **$45 million in EBITDA by 2027**, representing a **$60 million increase from 2024**, with total sales projected to reach **$900 million**.  **[0001318484_2172331_1]** **[0001318484_2172331_5]** 
- The company plans significant store expansion, aiming for approximately **650 locations by the end of 2027**, with **25 new stores in 2026** and **at least 40 stores annually from 2027**.  **[0001318484_2172331_4]** 
- Capital expenditures are projected at **$25 million in 2025** and **$45 million in both 2026 and 2027**, primarily for new store remodels, new store openings, and technology infrastructure.  **[0001318484_2172331_4]** 
- Citi Trends reported a **9.6% sales increase in the first half of the year** and anticipates consistent annual store sales growth of **6% to 8%**, aiming to expand its gross profit rate to **42%** and leverage SG&A to **37% or less by 2027** through strategies like AI-based inventory management.  **[0001318484_2172331_5]**