Citi Trends (CTRN) Company Report

Citi Trends, Inc. announced its 2025 Holiday Sales Results for the nine-week period ending January 3, 2026.
Total sales for the period reached $191.2 million, an increase of 9.6% compared to $174.4 million in the same period of 2024.
Comparable store sales increased 9.3% versus 2024, with a two-year stack of 16%.

7 days ago

Press Release

Citi Trends Reports Strong Holiday Sales and Outlines Growth Targets for 2027

CTRN

Revenue Acceleration/Inflection

Guidance Update

New Projects/Investments

Citi Trends reported strong holiday comparable store sales growth of 9.3%, contributing to a two-year stack of 16.4%, and a year-to-date comparable sales increase of 9.8% through December, with a two-year stack of 13.3%.
The company projects significant financial growth, targeting $900 million in total sales and $45 million in EBITDA by fiscal 2027, which represents a $150 million increase in sales and a $60 million increase in EBITDA compared to fiscal 2024.
Citi Trends maintains a strong financial position with a debt-free balance sheet, expecting $65 million in cash and $140 million in total liquidity at year-end, and plans to open 25 new stores in 2026 and at least 40 stores annually from 2027.
The growth strategy focuses on expanding the gross profit rate by 400 basis points to 42% and leveraging SG&A by 200 basis points by fiscal 2027, supported by consistent annual total store sales growth of 6%-8%.

Jan 12, 2026, 3:00 PM

Transcript

Citi Trends Reports Strong 2024 Sales Trends and Outlines Future Growth Strategy

CTRN

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

Citi Trends experienced positive comparable store sales trends in the second half of 2024, with QTD Q4 2024 showing 7% growth, indicating customer response to business improvements.
The company is implementing a "Path to Value Creation" strategy, progressing from "Repair" in 2H 2024 to "Execute" in 1H 2025, "Optimize" in 2H 2025, and entering a "Growth" phase in 2026 and beyond.
For 2026 and beyond, Citi Trends projects Sales Growth of ~4% to ~6%, EBITDA of ~$40M or more, an EBITDA Margin in the Mid to Upper-Single Digits, and Square Footage Growth of ~6% to ~10%.
The strategy centers on its African-American core customer, delivering trendy fashions, great brands, and amazing prices through an extreme value proposition.

Jan 12, 2026, 3:00 PM

Presentation

Citi Trends Outlines Growth Strategy and Financial Targets for FY 2027

CTRN

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Citi Trends reported strong comparable sales growth, with a 9.3% increase for the holiday period (two-year stack of 16.4%) and a 9.8% year-to-date increase through December (two-year stack of 13.3%).
The company operates with a debt-free balance sheet, projecting $65 million in cash and $140 million in total liquidity at year-end.
Citi Trends aims for significant financial growth by FY 2027, targeting $900 million in total sales, a 42% gross profit rate (400 basis point expansion), 200 basis points of SG&A leverage, and $45 million in EBITDA.
Strategic growth initiatives include opening 25 new stores in 2026 and at least 40 stores annually from 2027, alongside remodeling approximately 50 stores per year.

Jan 12, 2026, 3:00 PM

Transcript

Citi Trends Reports Strong Sales and Targets Significant Growth by 2027

CTRN

Revenue Acceleration/Inflection

Guidance Update

New Projects/Investments

Citi Trends reported strong comparable sales growth, with holiday comp store sales increasing 9.3% (16.4% two-year stack) and year-to-date through December comp store sales up 9.8% (13.3% two-year stack).
The company is debt-free, projecting approximately $65 million in cash and $140 million in total liquidity at the end of the year. It plans to invest around $45 million in capital projects in 2026 and 2027 for remodels, new stores, and technology.
Citi Trends aims for significant growth by fiscal 2027, targeting total sales of $900 million, an EBITDA of $45 million (a $16 million increase from 2024), a gross profit rate of 42%, and a profit margin of approximately 5%.
The company plans to open 25 new stores in 2026 and at least 40 stores annually from 2027 onward, aiming for approximately 650 stores by the end of 2027, utilizing AI tools for new store site selection with 90% sales prediction accuracy.

Jan 12, 2026, 3:00 PM

Transcript

Citi Trends Announces Strong Holiday Sales and Reaffirms 2025 Outlook

CTRN

Earnings

Guidance Update

Revenue Acceleration/Inflection

Citi Trends reported strong holiday sales for the nine-week period ending January 3, 2026, with total sales of $191.2 million, marking a 9.6% increase compared to the same period in 2024, and comparable store sales growth of 9.3%. For the year-to-date period ending January 3, 2026, total sales reached $780.8 million, up 9.0% year-over-year, with comparable store sales increasing 9.8%.
The company reaffirmed its Fiscal 2025 outlook, expecting full-year comparable store sales to be up high-single digits, gross margin to expand approximately 230 basis points, and EBITDA to be in the range of $10 million to $12 million. The year-end cash balance is projected to be approximately $65 million.
For the fourth quarter of Fiscal 2025, Citi Trends anticipates implied comparable store sales to be up high-single digits, gross margin in the range of 40% to 41%, and EBITDA between $10 million and $12 million.

Jan 12, 2026, 11:56 AM

8-K

Citi Trends Announces Strong 2025 Holiday Sales and Reaffirms Fiscal 2025 Outlook

CTRN

Revenue Acceleration/Inflection

Guidance Update

Earnings

Citi Trends reported total holiday sales of $191.2 million for the nine-week period ending January 3, 2026, marking a 9.6% increase compared to the same period in 2024, with comparable store sales growing 9.3%.
For the year-to-date period ending January 3, 2026, total sales reached $780.8 million, an increase of 9.0% from the prior year, and comparable store sales increased 9.8%.
The company reaffirmed its Fiscal 2025 outlook, expecting full-year comparable store sales to be up high-single digits, gross margin to expand approximately 230 basis points, and EBITDA to be in the range of $10 million to $12 million.
Citi Trends anticipates a year-end cash balance of approximately $65 million for Fiscal 2025.

Jan 12, 2026, 11:45 AM

Press Release

Citi Trends Reports Strong Q3 2025 Results and Raises FY2025 Guidance

CTRN

Earnings

Guidance Update

New Projects/Investments

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).

Dec 2, 2025, 2:00 PM

Transcript

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.

Dec 2, 2025, 2:00 PM

Transcript

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.