Citi Trends (CTRN) Company Report

Citi Trends reported strong Q3 results with comparable store sales growth of 10.8% and total sales of $197.1 million, up 10.1% compared to Q3 2024.
The company raised its full-year fiscal 2025 EBITDA guidance to $10-$12 million, an increase from the prior range of $7-$11 million.
Citi Trends outlined a long-range plan targeting $900 million or more in sales and $45 million or more in EBITDA by fiscal 2027, with a gross profit rate of 42% and SG&A leveraged to 37% or less.
The company plans significant new store expansion, aiming for 25 new stores in fiscal 2026 and at least 40 stores per year in fiscal 2027 and onward, reaching approximately 650 stores by the end of 2027.
Strategic initiatives include the finalization of an AI-based allocation system and plans to launch a new CRM and loyalty platform ("Insiders Club") in Q1 of next year (fiscal 2026).

5 days ago

Citi Trends Reports Strong Q3 2025 Results and Raises Full-Year Guidance

CTRN

Earnings

Guidance Update

New Projects/Investments

Citi Trends reported strong Q3 2025 results with 10.8% comparable store sales growth and 10.1% total sales increase, marking its fifth consecutive quarter of strong comp growth. The company achieved better-than-planned EBITDA for the quarter, reporting a loss of $2.9 million.
The company raised its full-year 2025 EBITDA guidance to a range of $10-$12 million, up from the previous $7-$11 million. This updated outlook anticipates high single-digit full-year comparable store sales growth, approximately 230 basis points of gross margin expansion, and around 90 basis points of SG&A leverage.
Citi Trends outlined ambitious long-range targets for fiscal 2027, aiming for $900 million or more in sales and $45 million or more in EBITDA, which would be a $60 million increase from 2024 levels. These goals are supported by plans for significant store expansion, targeting approximately 650 stores by the end of 2027.
The company is investing in operational improvements, including the implementation of an AI-based allocation system and plans for an AI-based planning system, alongside strategic investments in a new CRM and loyalty platform.

5 days ago

Citi Trends Reports Strong Q3 2026 Results and Raises FY 2025 EBITDA Guidance

CTRN

Earnings

Guidance Update

Revenue Acceleration/Inflection

Citi Trends reported Q3 2026 total sales of $197.1 million, an increase of 10.1% compared to Q3 2024, with comparable store sales growing 10.8%. This marks the fifth consecutive quarter and 15th straight month of strong comparable store sales growth.
The company achieved a Q3 2026 gross margin of 38.9% and an adjusted EBITDA loss of $2.9 million. Total inventory dollars at quarter-end decreased 3.1% compared to the prior year, and the company ended the quarter with $51 million in cash and no debt.
For fiscal year 2025, Citi Trends updated its outlook, expecting full-year EBITDA to be in the range of $10-$12 million (raised from $7-$11 million), full-year comparable store sales growth in the high single digits, and gross margin expansion of approximately 230 basis points versus 2024.
Citi Trends aims to achieve $900 million or more in sales and $45 million or more in EBITDA by fiscal 2027, driven by consistent comparable store sales growth, gross margin expansion to 42%, SG&A leverage, and opening 25 new stores in 2026 and at least 40 stores per year in 2027 and onward.

5 days ago

Citi Trends Reports Q3 Results and Raises Full-Year Guidance

CTRN

Earnings

Guidance Update

Revenue Acceleration/Inflection

Citi Trends reported strong third-quarter sales growth with revenue of $197.1 million, surpassing expectations, driven by increased customer traffic and positive product responses, with comparable store sales rising by approximately 10.8%.
Despite robust revenue, the company posted a net loss of $6.9 million and an EPS of -$0.86, slightly missing analyst estimates, mainly due to increased selling, general, and administrative expenses, which rose to $79.3 million.
The company has raised its fiscal 2025 guidance, projecting full-year comparable store sales growth in the high-single digits, signaling confidence in its ongoing business transformation.
Gross margin declined slightly to 38.9% due to the pull-forward of freight expenses, and valuation metrics are near historical highs, suggesting cautious optimism among analysts.

5 days ago

Citi Trends Announces Third Quarter Fiscal 2025 Results

CTRN

Earnings

Guidance Update

Revenue Acceleration/Inflection

Citi Trends reported total sales of $197.1 million and comparable store sales growth of 10.8% for the third quarter ended November 1, 2025, marking its fifth consecutive quarter of positive comparable store sales performance.
For the 39 weeks ended November 1, 2025, year-to-date total sales reached $589.6 million, with comparable store sales increasing 10.0%.
The company posted a net loss of $6.9 million and an adjusted EBITDA loss of $2.9 million in Q3 2025, ending the quarter with $51.1 million in cash and 593 store locations.
Citi Trends raised its Fiscal 2025 outlook, now expecting full year EBITDA to be between $10 million and $12 million and full year comparable store sales to be up high-single digits.

5 days ago

Citi Trends Outlines Growth Strategy and Financial Targets Through 2027

CTRN

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

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.
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.
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.
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.