Off-price retailer Citi Trends has reported double-digit sales growth and outlined plans for a significantly faster store expansion strategy as consumers continue to seek affordability amid ongoing economic uncertainty.
Citi Trends delivered strong 1Q26 results, with 14%+ sales and comp growth and significant margin expansion. CTRN's operational momentum, clean balance sheet, and effective new management underpin its robust performance and strategic execution. Despite operational excellence, valuation at 20–30x 2026 earnings and 15x 2027 earnings limits upside, leading to a Hold rating.
SAVANNAH, Ga.--(BUSINESS WIRE)--The third table under header "RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (unaudited)" has been updated. The updated release reads: CITITRENDS ANNOUNCES FIRST QUARTER FISCAL 2026 RESULTS Q1 2026 total sales increased 14.4% to $230.9 million Comparable store sales growth of 13.9%; Two-year stack of 23.8% Q1 2026 Net Income of $7.8 million; Q1 2026 adjusted EBITD...
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States, today reported results for the first quarter ended May 2, 2026. For purposes of comparison, unless otherwise stated, metrics in this release are compared to the 13-week quarter ended May 3, 2025. Chief Exe...
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States, today announced that the Company will be participating in the 23rd annual Institutional Investor conference hosted by Craig-Hallum in Minneapolis on Thursday, May 28, 2026. The Company will be represented ...
SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the first quarter 2026 before the market opens on Tuesday, June 2, 2026. CITITRENDS will host a conference call on the same day at 9:00 a.m. ET. A live broadcast of CITITRENDS' conference call will be available online at the Company's Investor Relations website, ir.cititrends.com o...
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