Citi Trends Inc (CTRN)

CORRECTION CITITRENDS Announces First Quarter Fiscal 2026 ResultsJune 2, 2026 4:18 PM
Business Wire 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 EBITDA* of $13.9 million, more than double Q1 2025 results Company reaffirms increased 2026 adjusted EBITDA* outlook, more than doubling Fiscal 2025 results 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 EBITDA* of $13.9 million, more than double Q1 2025 results Company reaffirms increased 2026 adjusted EBITDA* outlook, more than doubling Fiscal 2025 results 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 Executive Officer Comments Ken Seipel, Chief Executive Officer, said: “We delivered an exceptional start to 2026, building on the momentum established last year. Comparable store sales increased 13.9%, an increase of 23.8% on a two-year basis. We delivered $7.8 million of Net Income and adjusted EBITDA* more than doubled to $13.9 million, with performance accelerated across all merchandise categories and geographies. Most importantly, our growth was driven by increased customer traffic and larger basket size, reinforcing that our customers are responding to our improved assortment, trend-right product, and compelling value. We are also encouraged by the momentum we are seeing early in the second quarter, with quarter-to-date comparable store sales growth trending in the high-single digits, upper teens on a two-year basis, which further validates that our strategy is working to drive sustainable trends in our financial performance.” Seipel continued, “As we move through 2026, we remain focused on three priorities: consistent execution, strong sales flow-through to profit and accelerated growth. We are strengthening our product offering, expanding our off-price and extreme value opportunities, improving operational efficiency, and deepening customer engagement through initiatives like our upcoming Insiders Club loyalty platform. We are leveraging our refined, data-driven site selection process to open 25 new stores this year, with a mix of existing and new markets. With a debt-free balance sheet, improving profitability, and strong customer momentum, we believe CITITRENDS is well positioned for sustained profitable growth and long-term shareholder value creation, giving us confidence in our increased adjusted EBITDA* projection of $35 million to $40 million this year.” Financial Highlights – First Quarter 2026 Total sales of $230.9 million increased $29.1 million, or 14.4% vs. Q1 2025; comparable store sales increased 13.9% compared to Q1 2025 driven by increases in both traffic and basket Gross margin of 40.0% increased 40 basis points compared to Q1 2025 due to increased merchandise margin offset by higher freight expense from increased fuel surcharges SG&A expense of $79.7 million, $78.3 million as adjusted*; on a rate basis, adjusted SG&A* was 33.9% of sales, leveraging 250 basis points vs last year, driven by leverage of fixed costs with higher sales Net income of $7.8 million, $9.2 million as adjusted*, vs. net income of $0.9 million, or adjusted net income* of $2.4 million in Q1 2025 Adjusted EBITDA* of $13.9 million compared to adjusted EBITDA* of $6.4 million in Q1 2025 Real Estate: Opened 2 stores, closed 1 store and remodeled 25 stores in the quarter Cash of $81.1 million at quarter-end, with no debt and no borrowings under a $75 million credit facility Merchandise inventory was $115.2 million at the end of the quarter, an increase of 4.8% vs. Q1 2025 Fiscal 2026 Outlook The Company’s outlook for fiscal 2026 compared to fiscal 2025 is as follows: Expecting comparable store sales growth in the range of 8% to 10%, implying balance-of-year comps in the high single-digits. Total sales growth is expected to be 9% to 11% for the year. Gross margin is expected to expand approximately 50 to 70 basis points, lower than previous outlook due to expected continued headwinds from fuel surcharges Adjusted SG&A* is expected to leverage approximately 130 to 160 basis points, higher than previous outlook of 70 to 100 basis points, due to the impact of higher sales on the fixed cost structure and ongoing disciplined expense control Adjusted EBITDA* is expected to be in the range of $35 million to $40 million. Adjusted EBITDA margin* expansion is expected to be approximately 200 basis points For the year, the Company’s real estate plans remain unchanged with plans to open approximately 25 new stores, remodel approximately 50 stores, and close 4 stores Capital expenditures are expected to be in the range of $35 million to $40 million, consistent with previous outlook, with the majority of the spend on new stores and remodels Investor Conference Call and Webcast CITITRENDS will host a conference call today at 9:00 a.m. ET. The live broadcast of CITITRENDS’ conference call will be available online at the Company’s Investor Relations website, www.ir.cititrends.com, beginning today at 9:00 a.m. ET. The online replay will follow shortly after the call and will be available for replay for one year. The live conference call can also be accessed by dialing (877) 407-0779. A replay of the conference call will be available until June 9, 2026, by dialing (844) 512-2921 and entering the passcode,13760258. During the conference call, the Company may discuss and answer questions concerning business and financial developments and trends that have occurred after quarter-end. The Company’s responses to questions, as well as other matters discussed during the call, may contain or constitute information that has not been disclosed previously. *Non-GAAP Financial Measures The historical non-GAAP financial measures discussed herein are reconciled to their corresponding GAAP measures at the end of this press release. The Company is unable to provide a full reconciliation of the forward-looking non-GAAP financial measures above without unreasonable effort because it is not possible to predict certain of the adjustment items with a reasonable degree of certainty. This information is dependent upon future events and may be outside of the Company’ control and its unavailability could have a significant impact on its financial results. About CITITRENDS Citi Trends, Inc. is a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States. The Company operates 591 stores located in 33 states. For more information, visit cititrends.com or your local store. Forward-Looking Statements All statements other than historical facts contained in this news release, including statements regarding the Company’s future financial results and position, business policy and plans, objectives and expectations of management for future operations and capital allocation expectations, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that are subject to material risks and uncertainties. The words “believe,” “may,” “could,” “plans,” “estimate,” “expects,” “continue,” “anticipate,” “intend,” “expect,” “upcoming,” “trend,” “guidance,” “outlook” and similar expressions, as they relate to the Company, are intended to identify forward-looking statements, although not all forward-looking statements contain such language. Statements with respect to earnings, sales or new store guidance, including under the section “Fiscal Year 2026 Outlook” and our ability to deliver on such financial outlook are forward-looking statements. Investors are cautioned that any such forward-looking statements are subject to the finalization of the Company’s quarter-end financial and accounting procedures, are not guarantees of future performance or results, and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Actual results or developments may differ materially from those included in the forward-looking statements as a result of various factors which are discussed in our Annual Reports and Quarterly Reports on Forms 10-K and 10-Q, respectively, and any amendments thereto, filed with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, uncertainties relating to general economic conditions, including inflation, energy and fuel costs, unemployment levels, and any deterioration whether caused by acts of war, terrorism, political or social unrest (including any resulting store closures, damage or loss of inventory) or other factors; changes in market interest rates and market levels of wages; the imposition of new taxes on imports, new tariffs and changes in existing tariff rates; the imposition of new trade restrictions and changes in existing trade restrictions or trade relationships; impacts of natural disasters such as hurricanes; uncertainty and economic impact of pandemics, epidemics or other public health emergencies; transportation and distribution delays or interruptions; changes in freight rates; the Company’s ability to attract and retain workers; the Company’s ability to negotiate effectively the cost and purchase of merchandise inventory risks due to shifts in market demand and to manage inventory shrinkage; the Company’s ability to gauge fashion trends and changing consumer preferences; consumer confidence and changes in consumer spending patterns; competition within the industry; competition in the Company’s markets; the duration and extent of any economic stimulus programs; changes in product mix; interruptions in suppliers’ businesses; risks related to cybersecurity, data privacy and intellectual property; temporary changes in demand due to weather patterns; seasonality of the Company’s business; the results of pending or threatened litigation; delays and costs associated with building, remodeling, assuming leases, opening and operating new stores; delays associated with building, and opening or expanding new or existing distribution centers; changes in regulator’s requirements or stakeholder’s expectations on environmental, social and sustainability related topics; challenges in effectively managing the use of artificial intelligence; and strategic transactions that could negative impact our liquidity, increase our expenses, or present significant distractions to management. Any forward-looking statements by the Company, with respect to guidance, the repurchase of shares pursuant to a share repurchase program, or otherwise, are intended to speak only as of the date such statements are made. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company does not undertake to publicly update any forward-looking statements in this news release or with respect to matters described herein, whether as a result of any new information, future events or otherwise. CITI TRENDS, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (in thousands, except per share data)   First Quarter   2026       2025       2024   Net sales $ 230,858   $ 201,728   $ 186,289     Cost of sales (exclusive of depreciation shown separately below)   (138,630 )   (121,918 )   (114,254 ) Selling, general and administrative expenses   (79,745 )   (74,887 )   (74,211 ) Depreciation   (5,108 )   (4,370 )   (4,793 ) Asset impairment   -     (64 )   -   Income (loss) from operations   7,375     489     (6,969 ) Interest income   647     458     849   Interest expense   (86 )   (76 )   (79 ) Income (loss) before income taxes   7,936     871     (6,199 ) Income tax expense   (182 )   -     2,773   Net income (loss) $ 7,754   $ 871   $ (3,426 )   Basic net income (loss) per common share $ 0.95   $ 0.11   $ (0.42 ) Diluted net income (loss) per common share $ 0.91   $ 0.11   $ (0.42 )   Weighted average number of shares outstanding Basic   8,126     8,034     8,253   Diluted   8,484     8,170     8,253   CITI TRENDS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)   May 2, 2026 May 3, 2025 Assets: Cash and cash equivalents $ 81,100 $ 41,556 Inventory   115,246   109,931 Prepaid and other current assets   16,612   13,752 Property and equipment, net   56,639   49,146 Operating lease right of use assets   224,770   218,360 Other noncurrent assets   1,824   4,416 Total assets $ 496,191 $ 437,408   Liabilities and Stockholders' Equity: Accounts payable $ 113,238 $ 80,919 Current operating lease liabilities   44,046   24,053 Accrued liabilities   27,646   44,592 Other current liabilities   1,049   908 Noncurrent operating lease liabilities   182,416   175,797 Other noncurrent liabilities   2,453   2,580 Total liabilities   370,848   328,849   Total stockholders' equity   125,343   108,559 Total liabilities and stockholders' equity $ 496,191 $ 437,408 CITI TRENDS, INC.
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (unaudited)
(in thousands, except per share data) The Company uses certain financial measures, including adjusted SG&A, adjusted net income (loss), adjusted EBITDA, and adjusted EBITDA margin to understand and evaluate the Company’s current operating performance and to allow for period-to-period comparisons. The Company believes these non-GAAP financial measures provide meaningful supplemental information about our financial results to investors. These non-GAAP measures may not be comparable to similarly titled non-GAAP measures of other companies and should be considered in addition to and not as a substitute for, or superior to, any measure of performance, cash flow or liquidity prepared in accordance with GAAP. These Non-GAAP measures have no standardized meanings and are not defined by GAAP. The Company is providing a reconciliation of each of these non-GAAP financial measures to their most comparable financial measures on a GAAP basis. Beginning in 2026 the Company updated its definition of Adjusted Net Income, Adjusted EBITDA and Adjusted SG&A to include an addback of equity-based compensation expense. Equity-based compensation is a non-cash expense that the Company does not use to assess core profitability and the Company believes excluding equity-based compensation will improve comparability and provide greater transparency of cash generated from operations. Prior period information presented has been adjusted to reflect this change. First Quarter May 2, 2026 May 3, 2025 Reconciliation of Adjusted SG&A SG&A $ (79,745 ) $ (74,887 ) Equity based compensation   1,303     968   Leadership succession6   136     —   Lease termination fee5   —     390   Severance1   —     320   Shareholder matters4   —     175   Cyber incident expenses3   —     (402 ) Adjusted SG&A $ (78,306 ) $ (73,436 )   First Quarter May 2, 2026 May 3, 2025 Reconciliation of Adjusted Net Income Net income $ 7,754   $ 871   Asset impairment   —     64   Equity based compensation   1,303     968   Leadership succession6   136     —   Lease termination fee5   —     390   Severance1   —     320   Shareholder matters4   —     175   Cyber incident expenses3   —     (402 ) Tax effect   (33 )   —   Adjusted net income (loss) $ 9,160   $ 2,386     First Quarter May 2, 2026 May 3, 2025 Reconciliation of Adjusted EBITDA Net income (loss) $ 7,754   $ 871   Interest income   (647 )   (458 ) Interest expense   86     76   Income tax expense   182     —   Depreciation   5,108     4,370   Asset impairment   —     64   Equity based compensation   1,303     968   Leadership succession6   136     —   Lease termination fee5   —     390   Severance1   —     320   Shareholder matters4   —     175   Cyber incident expenses3   —     (402 ) Adjusted EBITDA $ 13,922   $ 6,374     First Quarter May 2, 2026 May 3, 2025 Adjusted EBITDA Margin Sales $ 230,858   $ 201,728   Adjusted EBITDA   13,922     6,374   Adjusted EBITDA margin   6.0 %   3.2 % 1 Represents severance and related costs resulting from the CEO transition and subsequent implementation of CEO-led organizational changes. 2 Represents costs associated with the hiring of a new CEO. 3 Represents costs associated with the cyber disruption of the Company's back office and distribution center IT systems in January 2023. 4 Represents costs related to requests and inquiries from a significant shareholder. 5 Represents a lease termination fee associated with the closure of a store. 6 Represents executive search costs incurred related to succession planning for our key leadership roles.   View source version on businesswire.com: https://www.businesswire.com/news/home/20260602745852/en/ Tom Filandro
ICR, Inc.
CitiTrendsIR@icrinc.com Original: CORRECTION CITITRENDS Announces First Quarter Fiscal 2026 Results

Citi Trends Shares Gain After Strong Earnings Beat and Reaffirmed Outlook (CTRN)June 2, 2026 9:50 AM
IH Market News Citi Trends, Inc. (NASDAQ:CTRN) traded 3.3% higher in premarket trading on Tuesday after reporting first-quarter results that comfortably surpassed Wall Street expectations, supported by continued progress in the retailer’s turnaround strategy. The off-price apparel and accessories retailer delivered strong sales growth, improved profitability and robust customer demand, helping reinforce confidence in its outlook for fiscal 2026. Earnings Far Exceed Analyst Forecasts For the first quarter, Citi Trends reported adjusted earnings of $0.91 per share, significantly ahead of the consensus estimate of $0.24 per share. Revenue reached $230.9 million, topping analyst expectations of $210.16 million and increasing 14.4% from $201.7 million in the same period a year earlier. The results highlighted accelerating momentum across the business as the company continued to execute its strategic initiatives. Comparable Sales Show Strong Growth Comparable store sales rose 13.9% during the quarter, reflecting healthy consumer demand and improved store performance. Management also noted that comparable sales increased 23.8% on a two-year stacked basis, demonstrating sustained growth over multiple periods. The company attributed the performance to gains in both customer traffic and average basket size. Profitability Improves Significantly Net income climbed to $7.8 million during the quarter, compared with $0.9 million in the prior-year period. On an adjusted basis, net income increased to $9.2 million from $2.4 million a year earlier. Adjusted EBITDA more than doubled to $13.9 million, compared with $6.4 million in the first quarter of fiscal 2025. The substantial improvement reflects stronger sales, improved merchandise performance and tighter expense management. Management Highlights Turnaround Progress Chief Executive Officer Ken Seipel said the company continues to build on the momentum established over the past year. “We delivered an exceptional start to 2026, building on the momentum established last year,” said CEO Ken Seipel. “Most importantly, our growth was driven by increased customer traffic and larger basket size, reinforcing that our customers are responding to our improved assortment, trend-right product, and compelling value.” Management indicated that merchandise improvements and a stronger value proposition are helping attract shoppers and drive repeat business. Full-Year Outlook Maintained Following the strong first-quarter performance, Citi Trends reaffirmed its fiscal 2026 guidance. The company continues to expect adjusted EBITDA of between $35 million and $40 million for the year. The midpoint of the range, $37.5 million, would represent more than double the adjusted EBITDA generated during fiscal 2025. Management also maintained its forecast for comparable store sales growth of 8% to 10% and total sales growth of 9% to 11%. Margins and Balance Sheet Strengthen Gross margin improved to 40.0%, representing an increase of 40 basis points compared with the prior year. The company also achieved significant leverage on operating expenses, with adjusted selling, general and administrative expenses declining 250 basis points as a percentage of sales to 33.9%. Citi Trends ended the quarter with a strong financial position, reporting $81.1 million in cash and no outstanding debt. Investors Reward Strong Execution The combination of better-than-expected earnings, double-digit comparable sales growth and reaffirmed full-year guidance was well received by investors. With profitability improving, margins expanding and customer demand remaining healthy, Citi Trends appears to be making meaningful progress in its turnaround efforts while maintaining a strong balance sheet to support future growth initiatives. Citi Trends stock price Original: Citi Trends Shares Gain After Strong Earnings Beat and Reaffirmed Outlook (CTRN)

CITITRENDS Announces First Quarter Fiscal 2026 ResultsJune 2, 2026 6:45 AM
Business Wire 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 EBITDA* of $13.9 million, more than double Q1 2025 results Company reaffirms increased 2026 adjusted EBITDA* outlook, more than doubling Fiscal 2025 results 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 Executive Officer Comments Ken Seipel, Chief Executive Officer, said: “We delivered an exceptional start to 2026, building on the momentum established last year. Comparable store sales increased 13.9%, an increase of 23.8% on a two-year basis. We delivered $7.8 million of Net Income and adjusted EBITDA* more than doubled to $13.9 million, with performance accelerated across all merchandise categories and geographies. Most importantly, our growth was driven by increased customer traffic and larger basket size, reinforcing that our customers are responding to our improved assortment, trend-right product, and compelling value. We are also encouraged by the momentum we are seeing early in the second quarter, with quarter-to-date comparable store sales growth trending in the high-single digits, upper teens on a two-year basis, which further validates that our strategy is working to drive sustainable trends in our financial performance.” Seipel continued, “As we move through 2026, we remain focused on three priorities: consistent execution, strong sales flow-through to profit and accelerated growth. We are strengthening our product offering, expanding our off-price and extreme value opportunities, improving operational efficiency, and deepening customer engagement through initiatives like our upcoming Insiders Club loyalty platform. We are leveraging our refined, data-driven site selection process to open 25 new stores this year, with a mix of existing and new markets. With a debt-free balance sheet, improving profitability, and strong customer momentum, we believe CITITRENDS is well positioned for sustained profitable growth and long-term shareholder value creation, giving us confidence in our increased adjusted EBITDA* projection of $35 million to $40 million this year.” Financial Highlights – First Quarter 2026 Total sales of $230.9 million increased $29.1 million, or 14.4% vs. Q1 2025; comparable store sales increased 13.9% compared to Q1 2025 driven by increases in both traffic and basket Gross margin of 40.0% increased 40 basis points compared to Q1 2025 due to increased merchandise margin offset by higher freight expense from increased fuel surcharges SG&A expense of $79.7 million, $78.3 million as adjusted*; on a rate basis, adjusted SG&A* was 33.9% of sales, leveraging 250 basis points vs last year, driven by leverage of fixed costs with higher sales Net income of $7.8 million, $9.2 million as adjusted*, vs. net income of $0.9 million, or adjusted net income* of $2.4 million in Q1 2025 Adjusted EBITDA* of $13.9 million compared to adjusted EBITDA* of $6.4 million in Q1 2025 Real Estate: Opened 2 stores, closed 1 store and remodeled 25 stores in the quarter Cash of $81.1 million at quarter-end, with no debt and no borrowings under a $75 million credit facility Merchandise inventory was $115.2 million at the end of the quarter, an increase of 4.8% vs. Q1 2025 Fiscal 2026 Outlook The Company’s outlook for fiscal 2026 compared to fiscal 2025 is as follows: Expecting comparable store sales growth in the range of 8% to 10%, implying balance-of-year comps in the high single-digits. Total sales growth is expected to be 9% to 11% for the year. Gross margin is expected to expand approximately 50 to 70 basis points, lower than previous outlook due to expected continued headwinds from fuel surcharges Adjusted SG&A* is expected to leverage approximately 130 to 160 basis points, higher than previous outlook of 70 to 100 basis points, due to the impact of higher sales on the fixed cost structure and ongoing disciplined expense control Adjusted EBITDA* is expected to be in the range of $35 million to $40 million. Adjusted EBITDA margin* expansion is expected to be approximately 200 basis points For the year, the Company’s real estate plans remain unchanged with plans to open approximately 25 new stores, remodel approximately 50 stores, and close 4 stores Capital expenditures are expected to be in the range of $35 million to $40 million, consistent with previous outlook, with the majority of the spend on new stores and remodels Investor Conference Call and Webcast CITITRENDS will host a conference call today at 9:00 a.m. ET. The live broadcast of CITITRENDS’ conference call will be available online at the Company’s Investor Relations website, www.ir.cititrends.com, beginning today at 9:00 a.m. ET. The online replay will follow shortly after the call and will be available for replay for one year. The live conference call can also be accessed by dialing (877) 407-0779. A replay of the conference call will be available until June 9, 2026, by dialing (844) 512-2921 and entering the passcode,13760258. During the conference call, the Company may discuss and answer questions concerning business and financial developments and trends that have occurred after quarter-end. The Company’s responses to questions, as well as other matters discussed during the call, may contain or constitute information that has not been disclosed previously. *Non-GAAP Financial Measures The historical non-GAAP financial measures discussed herein are reconciled to their corresponding GAAP measures at the end of this press release. The Company is unable to provide a full reconciliation of the forward-looking non-GAAP financial measures above without unreasonable effort because it is not possible to predict certain of the adjustment items with a reasonable degree of certainty. This information is dependent upon future events and may be outside of the Company’ control and its unavailability could have a significant impact on its financial results. About CITITRENDS Citi Trends, Inc. is a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States. The Company operates 591 stores located in 33 states. For more information, visit cititrends.com or your local store. Forward-Looking Statements All statements other than historical facts contained in this news release, including statements regarding the Company’s future financial results and position, business policy and plans, objectives and expectations of management for future operations and capital allocation expectations, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that are subject to material risks and uncertainties. The words “believe,” “may,” “could,” “plans,” “estimate,” “expects,” “continue,” “anticipate,” “intend,” “expect,” “upcoming,” “trend,” “guidance,” “outlook” and similar expressions, as they relate to the Company, are intended to identify forward-looking statements, although not all forward-looking statements contain such language. Statements with respect to earnings, sales or new store guidance, including under the section “Fiscal Year 2026 Outlook” and our ability to deliver on such financial outlook are forward-looking statements. Investors are cautioned that any such forward-looking statements are subject to the finalization of the Company’s quarter-end financial and accounting procedures, are not guarantees of future performance or results, and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Actual results or developments may differ materially from those included in the forward-looking statements as a result of various factors which are discussed in our Annual Reports and Quarterly Reports on Forms 10-K and 10-Q, respectively, and any amendments thereto, filed with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, uncertainties relating to general economic conditions, including inflation, energy and fuel costs, unemployment levels, and any deterioration whether caused by acts of war, terrorism, political or social unrest (including any resulting store closures, damage or loss of inventory) or other factors; changes in market interest rates and market levels of wages; the imposition of new taxes on imports, new tariffs and changes in existing tariff rates; the imposition of new trade restrictions and changes in existing trade restrictions or trade relationships; impacts of natural disasters such as hurricanes; uncertainty and economic impact of pandemics, epidemics or other public health emergencies; transportation and distribution delays or interruptions; changes in freight rates; the Company’s ability to attract and retain workers; the Company’s ability to negotiate effectively the cost and purchase of merchandise inventory risks due to shifts in market demand and to manage inventory shrinkage; the Company’s ability to gauge fashion trends and changing consumer preferences; consumer confidence and changes in consumer spending patterns; competition within the industry; competition in the Company’s markets; the duration and extent of any economic stimulus programs; changes in product mix; interruptions in suppliers’ businesses; risks related to cybersecurity, data privacy and intellectual property; temporary changes in demand due to weather patterns; seasonality of the Company’s business; the results of pending or threatened litigation; delays and costs associated with building, remodeling, assuming leases, opening and operating new stores; delays associated with building, and opening or expanding new or existing distribution centers; changes in regulator’s requirements or stakeholder’s expectations on environmental, social and sustainability related topics; challenges in effectively managing the use of artificial intelligence; and strategic transactions that could negative impact our liquidity, increase our expenses, or present significant distractions to management. Any forward-looking statements by the Company, with respect to guidance, the repurchase of shares pursuant to a share repurchase program, or otherwise, are intended to speak only as of the date such statements are made. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company does not undertake to publicly update any forward-looking statements in this news release or with respect to matters described herein, whether as a result of any new information, future events or otherwise. CITI TRENDS, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (in thousands, except per share data)   First Quarter   2026       2025       2024   Net sales $ 230,858   $ 201,728   $ 186,289     Cost of sales (exclusive of depreciation shown separately below)   (138,630 )   (121,918 )   (114,254 ) Selling, general and administrative expenses   (79,745 )   (74,887 )   (74,211 ) Depreciation   (5,108 )   (4,370 )   (4,793 ) Asset impairment   -     (64 )   -   Income (loss) from operations   7,375     489     (6,969 ) Interest income   647     458     849   Interest expense   (86 )   (76 )   (79 ) Income (loss) before income taxes   7,936     871     (6,199 ) Income tax expense   (182 )   -     2,773   Net income (loss) $ 7,754   $ 871   $ (3,426 )   Basic net income (loss) per common share $ 0.95   $ 0.11   $ (0.42 ) Diluted net income (loss) per common share $ 0.91   $ 0.11   $ (0.42 )   Weighted average number of shares outstanding Basic   8,126     8,034     8,253   Diluted   8,484     8,170     8,253   CITI TRENDS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)   May 2, 2026 May 3, 2025 Assets: Cash and cash equivalents $ 81,100 $ 41,556 Inventory   115,246   109,931 Prepaid and other current assets   16,612   13,752 Property and equipment, net   56,639   49,146 Operating lease right of use assets   224,770   218,360 Other noncurrent assets   1,824   4,416 Total assets $ 496,191 $ 437,408   Liabilities and Stockholders' Equity: Accounts payable $ 113,238 $ 80,919 Current operating lease liabilities   44,046   24,053 Accrued liabilities   27,646   44,592 Other current liabilities   1,049   908 Noncurrent operating lease liabilities   182,416   175,797 Other noncurrent liabilities   2,453   2,580 Total liabilities   370,848   328,849   Total stockholders' equity   125,343   108,559 Total liabilities and stockholders' equity $ 496,191 $ 437,408 CITI TRENDS, INC.
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (unaudited)
(in thousands, except per share data) The Company uses certain financial measures, including adjusted SG&A, adjusted net income (loss), adjusted EBITDA, and adjusted EBITDA margin to understand and evaluate the Company’s current operating performance and to allow for period-to-period comparisons. The Company believes these non-GAAP financial measures provide meaningful supplemental information about our financial results to investors. These non-GAAP measures may not be comparable to similarly titled non-GAAP measures of other companies and should be considered in addition to and not as a substitute for, or superior to, any measure of performance, cash flow or liquidity prepared in accordance with GAAP. These Non-GAAP measures have no standardized meanings and are not defined by GAAP. The Company is providing a reconciliation of each of these non-GAAP financial measures to their most comparable financial measures on a GAAP basis. Beginning in 2026 the Company updated its definition of Adjusted Net Income, Adjusted EBITDA and Adjusted SG&A to include an addback of equity-based compensation expense. Equity-based compensation is a non-cash expense that the Company does not use to assess core profitability and the Company believes excluding equity-based compensation will improve comparability and provide greater transparency of cash generated from operations. Prior period information presented has been adjusted to reflect this change. First Quarter May 2, 2026 May 3, 2025 Reconciliation of Adjusted SG&A SG&A $ (79,745 ) $ (74,887 ) Leadership succession6   136     —   Lease termination fee5   —     390   Cyber incident expenses3   —     (402 ) Adjusted SG&A $ (78,306 ) $ (73,436 )   First Quarter May 2, 2026 May 3, 2025 Reconciliation of Adjusted Net Income Net income $ 7,754   $ 871   Asset impairment   —     64   Equity based compensation   1,303     968   Severance1   —     320   Cyber incident expenses3   —     (402 ) Tax effect   (33 )   —   Adjusted net income (loss) $ 9,160   $ 2,386     First Quarter May 2, 2026 May 3, 2025 Reconciliation of Adjusted EBITDA Net income (loss) $ 7,754   $ 871   Interest income   (647 )   (458 ) Interest expense   86     76   Income tax expense   182     —   Depreciation   5,108     4,370   Asset impairment   —     64   Equity based compensation   1,303     968   Leadership succession6   136     —   Cyber incident expenses3   —     (402 ) Adjusted EBITDA $ 13,922   $ 6,374     First Quarter May 2, 2026 May 3, 2025 Adjusted EBITDA Margin Sales $ 230,858   $ 201,728   Adjusted EBITDA   13,922     6,374   Adjusted EBITDA margin   6.0 %   3.2 % 1 Represents severance and related costs resulting from the CEO transition and subsequent implementation of CEO-led organizational changes. 2 Represents costs associated with the hiring of a new CEO. 3 Represents costs associated with the cyber disruption of the Company's back office and distribution center IT systems in January 2023. 4 Represents costs related to requests and inquiries from a significant shareholder. 5 Represents a lease termination fee associated with the closure of a store. 6 Represents executive search costs incurred related to succession planning for our key leadership roles.   View source version on businesswire.com: https://www.businesswire.com/news/home/20260602745852/en/ Tom Filandro
ICR, Inc.
CitiTrendsIR@icrinc.com Original: CITITRENDS Announces First Quarter Fiscal 2026 Results

CitiTrends Pre-Announces Strong Preliminary Q1 Sales and EBITDA in Advance of Conference ParticipationMay 27, 2026 4:15 PM
Business Wire Q1 2026 preliminary total sales increased 14.4% to $230.9 million Preliminary comparable store sales increase of 13.9%, 23.8% on a two-year basis Company raises fiscal 2026 Outlook 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 at the conference by Ken Seipel, Chief Executive Officer, and Heather Plutino, Chief Financial Officer. The Company is pre-announcing preliminary unaudited Q1 2026 sales of $230.9 million and comparable store sales growth of 13.9%, or 23.8% on a two-year basis. Q1 2026 Adjusted EBITDA* is expected to be in the range of $13.5 million to $14.0 million, more than doubling performance from Q1 2025. The Company is increasing its fiscal 2026 outlook with comparable store sales growth now expected to be in the range of 8% to 10%, above previous outlook of 5% to 7%, and implying balance-of-year comparable store sales growth of high single-digits. Adjusted EBITDA* is now expected to be in the range of $35 million to $40 million for the year, above previous outlook of $34 million to $38 million. The Company will provide more information about revised 2026 outlook during its June 2, 2026 earnings call. Ken Seipel, Chief Executive Officer, said: “I am pleased to report exceptional first quarter preliminary unaudited results that demonstrate the continued momentum of our strategic transformation. Our strong Q1 performance, highlighted by 13.9% comparable store sales growth and significantly improved expected adjusted EBITDA*, reflects disciplined execution across our organization and our customers’ positive response to our enhanced merchandise assortments and value proposition. Given this strong start to the year, and with recognition that the macro environment remains dynamic, we are raising our full year outlook. We remain focused on our priorities: consistent execution, sales flow through to profit and accelerated growth, as we continue building long-term shareholder value while serving the neighborhoods that depend on us. We look forward to providing more details of our quarterly performance and our updated outlook during our earnings call on June 2, 2026.” Preliminary Results The preliminary unaudited selected financial results for the first quarter ended May 2, 2026 are an estimate, based on information available to management as of the date of this release, are subject to further changes upon completion of the Company’s standard closing procedures, and do not present all information necessary for an understanding of the Company’s results of operations for the first quarter ended May 2, 2026, or financial condition as of May 2, 2026. Management may identify items that require changes to the preliminary unaudited selected financial results set forth above, and any such changes may be material. Investor Conference Call and Webcast CITITRENDS will provide further details on its first quarter conference call on June 2, 2026, at 9:00 a.m. ET. The live conference call can be accessed by dialing (877) 407-0779. The live broadcast of CITITRENDS’ conference call will be available on the Company's Investor Relations website, ir.cititrends.com *Non-GAAP Financial Measures Adjusted EBITDA is calculated as earnings before interest, income taxes and depreciation and amortization and excludes the impact of equity-based compensation and certain non-recurring expenses. The Company is unable to provide a full reconciliation of these non-GAAP financial measures to net income (loss) without unreasonable effort because it is not possible to predict certain of the adjustment items with a reasonable degree of certainty. This information is dependent upon future events and may be outside of the Company’s control and its unavailability could have a significant impact on its financial results. About CITITRENDS Citi Trends, Inc. is a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States. The Company operates 591 stores located in 33 states. For more information, visit cititrends.com or your local store. Forward-Looking Statements All statements other than historical facts contained in this news release, including statements regarding the Company’s preliminary unaudited selected financial results for the first quarter ended May 2, 2026, fiscal 2026 outlook, future financial results and position, business policy and plans, objectives and expectations of management for future operations and capital allocation expectations, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that are subject to material risks and uncertainties. The words “believe,” “may,” “could,” “plans,” “estimate,” “expects,” “continue,” “anticipate,” “intend,” “expect,” “upcoming,” “trend,” “guidance,” “outlook” and similar expressions, as they relate to the Company, are intended to identify forward-looking statements, although not all forward-looking statements contain such language. Statements with respect to earnings, sales or new store guidance, including our updated comparable store sales growth and adjusted EBITDA* and previously communicated fiscal 2026 outlook and our ability to deliver on such financial outlook are forward-looking statements. Investors are cautioned that any such forward-looking statements are subject to the finalization of the Company’s quarter-end financial and accounting procedures, are not guarantees of future performance or results, and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Actual results or developments may differ materially from those included in the forward-looking statements as a result of various factors which are discussed in our Annual Reports and Quarterly Reports on Forms 10-K and 10-Q, respectively, and any amendments thereto, filed with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, uncertainties relating to general economic conditions, including inflation, energy and fuel costs, unemployment levels, and any deterioration whether caused by acts of war, terrorism, political or social unrest (including any resulting store closures, damage or loss of inventory) or other factors; changes in market interest rates and market levels of wages; the imposition of new taxes on imports, new tariffs and changes in existing tariff rates; the imposition of new trade restrictions and changes in existing trade restrictions or trade relationships; impacts of natural disasters such as hurricanes; uncertainty and economic impact of pandemics, epidemics or other public health emergencies; transportation and distribution delays or interruptions; changes in freight rates; the Company’s ability to attract and retain workers; the Company’s ability to negotiate effectively the cost and purchase of merchandise inventory risks due to shifts in market demand and to manage inventory shrinkage; the Company’s ability to gauge fashion trends and changing consumer preferences; consumer confidence and changes in consumer spending patterns; competition within the industry; competition in the Company’s markets; the duration and extent of any economic stimulus programs; changes in product mix; interruptions in suppliers’ businesses; risks related to cybersecurity, data privacy and intellectual property; temporary changes in demand due to weather patterns; seasonality of the Company’s business; the results of pending or threatened litigation; delays and costs associated with building, remodeling, assuming leases, opening and operating new stores; delays and costs associated with building, and opening or expanding new or existing distribution centers; changes in regulator’s requirements or stakeholder’s expectations on environmental, social and sustainability related topics; challenges in effectively managing the use of artificial intelligence; and strategic transactions that could negative impact our liquidity, increase our expenses, or present significant distractions to management. Any forward-looking statements by the Company, with respect to guidance, the repurchase of shares pursuant to a share repurchase program, or otherwise, are intended to speak only as of the date such statements are made. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company does not undertake to publicly update any forward-looking statements in this news release or with respect to matters described herein, whether as a result of any new information, future events or otherwise. View source version on businesswire.com: https://www.businesswire.com/news/home/20260527293835/en/ Tom Filandro
ICR, Inc.
CitiTrendsIR@icrinc.com Original: CitiTrends Pre-Announces Strong Preliminary Q1 Sales and EBITDA in Advance of Conference Participation

CitiTrends Sets Date for First Quarter 2026 Earnings Release and Conference CallMay 19, 2026 6:45 AM
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 on June 2, 2026, beginning at 9:00 a.m. ET. The online replay will follow shortly after the call and will be available for one year. The live conference call can also be accessed by dialing 1-877-407-0779. During the conference call, the Company may discuss and answer questions concerning business and financial developments and trends that have occurred after quarter-end. The Company’s responses to questions, as well as other matters discussed during the conference call, may contain or constitute information that has not been disclosed previously. About CITITRENDS Citi Trends, Inc. is a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States. The Company operates 591 stores located in 33 states. For more information, visit cititrends.com or your local store. View source version on businesswire.com: https://www.businesswire.com/news/home/20260519073324/en/ Tom Filandro
ICR, Inc.
CitiTrendsIR@icrinc.com Original: CitiTrends Sets Date for First Quarter 2026 Earnings Release and Conference Call

Citi Trends shares jump 15% after strong Q4 results and upbeat profit forecastMarch 17, 2026 9:40 AM
IH Market News
Citi Trends Inc. (NASDAQ:CTRN) posted fourth-quarter results that topped analyst expectations and issued a fiscal 2026 outlook pointing to a sharp increase in profitability, sending its shares up about 15%.The off-price retailer reported adjusted earnings of $0.88 per share for the quarter, significantly exceeding the analyst consensus of $0.47 by $0.41. Revenue came in at $230.4 million, above the expected $227.4 million and up 9.1% from $211.2 million in the same quarter a year earlier. Comparable store sales rose 8.9%, marking the company’s sixth straight quarter of positive comparable growth.Looking ahead to fiscal 2026, Citi Trends expects adjusted EBITDA to reach between $34 million and $38 million. The midpoint of that range, $36 million, represents more than double the $11.8 million reported in fiscal 2025. The company forecasts total sales growth of 6% to 8%, with comparable store sales projected to increase between 5% and 7%. Gross margin is expected to improve by roughly 100 basis points, while adjusted SG&A is projected to leverage between 70 and 100 basis points.“Our fourth quarter results cap a transformational year for CITITRENDS,” said Chief Executive Officer Ken Seipel. “We delivered 8.9% comparable store sales growth in Q4, or 15.3% on a two-year basis, marking our sixth consecutive quarter of positive comps.”For the full fiscal year 2025, Citi Trends reported total sales of $820.0 million, up 8.9% year over year, with comparable store sales increasing 9.7%. The company posted net income of $5.2 million, which included an $11.0 million gain from the sale of its Savannah office building, compared with a net loss of $43.2 million in fiscal 2024. Gross margin improved by 210 basis points to 39.6%.At the end of the quarter, the company held $66.1 million in cash and carried no debt, with no borrowings drawn under its $75 million credit facility. Citi Trends also plans to open about 25 new stores and remodel 50 locations during fiscal 2026.Citi Trends stock price

Original: Citi Trends shares jump 15% after strong Q4 results and upbeat profit forecast

CitiTrends Announces Fourth Quarter and Fiscal 2025 ResultsMarch 17, 2026 6:45 AM
Business Wire
Q4 2025 total sales of $230.4 million with comparable store sales growth of 8.9%; Two-year stack of 15.3%


Fiscal 2025 total sales of $820.0 million with comparable store sales growth of 9.7%; Two-year stack of 13.1%


Strong start to Q1 2026 with high-single digit comparable store sales increase


Fiscal 2026 Outlook doubles prior year adjusted EBITDA


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 fourth quarter and full year ended January 31, 2026. For purposes of comparison, unless otherwise stated, metrics in this release are compared to the 13-week quarter and 52-week full year ended February 1, 2025.


Chief Executive Officer Comments


Ken Seipel, Chief Executive Officer, said: “Our fourth quarter results cap a transformational year for CITITRENDS. We delivered 8.9% comparable store sales growth in Q4, or 15.3% on a two-year basis, marking our sixth consecutive quarter of positive comps. For the full year, comparable store sales increased 9.7%, reflecting strong customer traffic and broad-based growth across our stores, geographies, and merchandise categories. This momentum has continued into 2026, with Q1 quarter-to-date comparable store sales trending in the high-single digits.


Fiscal 2025 was about strengthening the foundation of the business and building the operational infrastructure needed for sustained profitable growth. We expanded net income by $48.4 million compared to fiscal 2025 to $5.2 million, expanded adjusted EBITDA* by $26 million year-over-year to $11.8 million, improved gross margin by more than 200 basis points, and delivered meaningful SG&A leverage. We believe these results validate the strategic actions we have taken to refocus the business on the Black customer – the center of everything we do, to sharpen our merchandise assortments, and to improve operational execution across the company.


In fiscal 2026, our priorities are: consistent execution, sales flow through to profit and accelerated growth. For the year, we are targeting mid to high-single digit growth in total sales and continued margin expansion, and we expect to position the company to deliver adjusted EBITDA* of $34 million to $38 million this year, which more than doubles our profit performance from fiscal 2025.


With improving traffic trends, stronger operational discipline, and a clear path forward, we believe CITITRENDS is well positioned to continue driving profitable growth and shareholder value.”


Financial Highlights – Fourth Quarter 2025



Total sales of $230.4 million increased $19.2 million, or 9.1% vs. Q4 2024; comparable store sales increased 8.9% compared to Q4 2024 driven by increases in both traffic and basket, as a result of the improved three-tiered merchandise assortment.



Gross margin of 39.9% increased 20 basis points compared to Q4 2024 due to lower markdowns, benefiting from our improved merchandise assortment and value proposition, upgraded allocation processes and inventory efficiency initiatives.



SG&A expense of $80.0 million compared to Q4 2024 SG&A expense of $77.5 million, or $76.7 million as adjusted*, which reflected the costs to process higher sales and $1.8 million of incremental incentive compensation from improved financial performance. On a rate basis, adjusted SG&A expenses levered 160 basis points compared to Q4 2024.



Net income of $7.4 million, $7.2 million as adjusted*, vs. net loss of $14.2 million, or adjusted net loss* of $12.8 million in Q4 2024.



Adjusted EBITDA* of $11.9 million compared to adjusted EBITDA* of $7.1 million in Q4 2024.



Real Estate: Closed 3 stores in the quarter.



Cash of $66.1 million at quarter-end, with no debt and no borrowings under a $75 million credit facility.



Merchandise inventory was $113.5 million at the end of the quarter, a decrease of 7.4% vs. Q4 2024, with average store inventory down 2.0% vs. last year, a result of on-going inventory efficiency initiatives.



Financial Highlights – Full Year 2025



Total sales of $820.0 million increased $66.9 million, or 8.9% vs. 2024; comparable store sales increased 9.7% to 2024, 13.1% on a two-year basis



Gross margin of 39.6% compared to 37.5% in 2024; the 210 basis point expansion was driven by lower markdowns and lower shrink from lapping last year’s strategic inventory reset plus lower freight expense.



SG&A of $313.2 million, $312.8 million as adjusted* vs. $300.2 million, or $296.3 million as adjusted* in 2024; on a rate basis, adjusted SG&A* rate leveraged 120 basis points compared to 2024.



Net income of $5.2 million, including the $11.0 million gain on the sale of the Savannah office building in Q2 2025, or adjusted net loss* of $5.3 million, vs. net loss of $43.2 million, or adjusted net loss* of $36.7 million in 2024.



Adjusted EBITDA* of $11.8 million compared to adjusted EBITDA* loss of $14.2 million in 2024. The adjusted EBITDA* improvement of $26.0 million to last year was driven by higher sales, 210 basis point increase in gross margin rate and 120 basis points of adjusted SG&A leverage, including the impact of higher incentive compensation accruals.



Real Estate: Opened 3 new stores, remodeled 62 locations and closed 4 stores to end the year with 590 locations



Capital Expenditures for the year totaled $22.7 million



Capital Return Program Update


In the fourth quarter of fiscal 2025, the Company did not repurchase any shares of its common stock. During fiscal 2025, the Company repurchased 250,555 shares of its common stock at an aggregate cost of $6.3 million. At the end of fiscal 2025, $40.0 million remained available under the Company’s share repurchase program.


Fiscal 2026 Outlook


Beginning in 2026 the Company will update its definition of adjusted EBITDA and adjusted SG&A to include an addback of equity-based compensation expense because equity-based compensation is a non-cash expense that the Company does not use to assess core profitability. The Company believes excluding equity-based compensation will improve comparability and provide greater transparency of cash generated from operations.


For reference, in fiscal 2025 this expense was $1.0 million in Q1, $1.5 million in Q2, $1.5 million in Q3 and $1.4 million in Q4, totaling $5.4 million for the year. In fiscal 2026, equity-based compensation expense is expected to be in the range of $5.5 million to $6.0 million. The adjusted EBITDA and adjusted SG&A information provided within this “Fiscal 2026 Outlook” section, including prior year results, have been adjusted to reflect this change.


The Company’s outlook for fiscal 2026 compared to fiscal 2025 is as follows:



Expecting total sales growth of 6% to 8% with comparable store sales growth in the range of 5% to 7%



Gross margin is expected to expand approximately 100 basis points



Adjusted SG&A* is expected to leverage 70 to 100 basis points, as adjusted*



Adjusted EBITDA* is now expected to be in the range of $34 million to $38 million, with approximately 200 basis points of adjusted EBITDA margin* expansion



For the year, the Company plans to open approximately 25 new stores, remodel 50 stores, and close 4 locations



Capital expenditures are expected to be in the range of $35 million to $40 million, with the majority of the spend on new stores and remodels



Investor Conference Call and Webcast


CITITRENDS will host a conference call today at 9:00 a.m. ET. The live broadcast of CITITRENDS’ conference call will be available online at the Company’s website, cititrends.com, under the Investor Relations section, beginning today at 9:00 a.m. ET. The online replay will follow shortly after the call and will be available for replay for one year.


The live conference call can also be accessed by dialing (877) 407-0779. A replay of the conference call will be available until March 24, 2026, by dialing (844) 512-2921 and entering the passcode, 13756478.


During the conference call, the Company may discuss and answer questions concerning business and financial developments and trends that have occurred after quarter-end. The Company’s responses to questions, as well as other matters discussed during the call, may contain or constitute information that has not been disclosed previously.


*Non-GAAP Financial Measures


The historical non-GAAP financial measures discussed herein are reconciled to their corresponding GAAP measures at the end of this press release. The Company is unable to provide a full reconciliation of the forward-looking non-GAAP financial measures above without unreasonable effort because it is not possible to predict certain of the adjustment items with a reasonable degree of certainty. This information is dependent upon future events and may be outside of the Company’ control and its unavailability could have a significant impact on its financial results.


About CITITRENDS


Citi Trends, Inc. is a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States. The Company operates 592 stores located in 33 states. For more information, visit cititrends.com or your local store.


Forward-Looking Statements


All statements other than historical facts contained in this news release, including statements regarding the Company’s future financial results and position, business policy and plans, objectives and expectations of management for future operations and capital allocation expectations, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 that are subject to material risks and uncertainties. The words “believe,” “may,” “could,” “plans,” “estimate,” “expects,” “continue,” “anticipate,” “intend,” “expect,” “upcoming,” “trend,” “guidance,” “outlook” and similar expressions, as they relate to the Company, are intended to identify forward-looking statements, although not all forward-looking statements contain such language. Statements with respect to earnings, sales or new store guidance, including under the section “Fiscal Year 2026 Outlook” and our ability to deliver on such financial outlook are forward-looking statements. Investors are cautioned that any such forward-looking statements are subject to the finalization of the Company’s quarter-end financial and accounting procedures, are not guarantees of future performance or results, and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Actual results or developments may differ materially from those included in the forward-looking statements as a result of various factors which are discussed in our Annual Reports and Quarterly Reports on Forms 10-K and 10-Q, respectively, and any amendments thereto, filed with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, uncertainties relating to general economic conditions, including inflation, energy and fuel costs, unemployment levels, and any deterioration whether caused by acts of war, terrorism, political or social unrest (including any resulting store closures, damage or loss of inventory) or other factors; changes in market interest rates and market levels of wages; the imposition of new taxes on imports, new tariffs and changes in existing tariff rates; the imposition of new trade restrictions and changes in existing trade restrictions or trade relationships; impacts of natural disasters such as hurricanes; uncertainty and economic impact of pandemics, epidemics or other public health emergencies; transportation and distribution delays or interruptions; changes in freight rates; the Company’s ability to attract and retain workers; the Company’s ability to negotiate effectively the cost and purchase of merchandise inventory risks due to shifts in market demand and to manage inventory shrinkage; the Company’s ability to gauge fashion trends and changing consumer preferences; consumer confidence and changes in consumer spending patterns; competition within the industry; competition in the Company’s markets; the duration and extent of any economic stimulus programs; changes in product mix; interruptions in suppliers’ businesses; risks related to cybersecurity, data privacy and intellectual property; temporary changes in demand due to weather patterns; seasonality of the Company’s business; the results of pending or threatened litigation; delays associated with building, remodeling, opening and operating new stores; and delays associated with building, and opening or expanding new or existing distribution centers. Any forward-looking statements by the Company, with respect to guidance, the repurchase of shares pursuant to a share repurchase program, or otherwise, are intended to speak only as of the date such statements are made. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company does not undertake to publicly update any forward-looking statements in this news release or with respect to matters described herein, whether as a result of any new information, future events or otherwise.



CITI TRENDS, INC.


CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)


(in thousands, except per share data)








 





Fourth Quarter










2025






 






2024






 






2023







Net sales


$






230,393






 







$






211,172






 







$






215,179






 













 


Cost of sales (exclusive of depreciation shown separately below)


 






(138,463






)







 






(127,326






)







 






(130,997






)







Selling, general and administrative expenses


 






(80,033






)







 






(77,451






)







 






(74,527






)







Depreciation


 






(4,937






)







 






(4,491






)







 






(4,850






)







Asset impairment


 






(252






)







 






(701






)







 






(873






)







Gain on Insurance


 






482






 







 






—






 







 






—






 







Income (loss) from operations


 






7,190






 







 






1,203






 







 






3,931






 







Interest income


 






605






 







 






531






 







 






1,070






 







Interest expense


 






(87






)







 






(81






)







 






(78






)







Income (loss) before income taxes


 






7,708






 







 






1,653






 







 






4,923






 







Income tax expense


 






(296






)







 






(15,830






)







 






(1,372






)







Net income (loss)


$






7,412






 







$






(14,177






)







$






3,551






 













 


Basic net income (loss) per common share


$






0.91






 







$






(1.71






)







$






0.43






 







Diluted net income (loss) per common share


$






0.88






 







$






(1.71






)







$






0.42






 













 


Weighted average number of shares outstanding








Basic


 






8,113






 







 






8,314






 







 






8,238






 







Diluted


 






8,411






 







 






8,314






 







 






8,380






 













 








 




Fiscal Year




January 31, 2026

February 1, 2025

February 3, 2024




(unaudited)

(unaudited)

(unaudited)








 


Net sales


$






819,962






 







$






753,079






 







$






747,941






 













 


Cost of sales (exclusive of depreciation shown separately below)


 






(495,320






)







 






(471,036






)







 






(462,824






)







Selling, general and administrative expenses


 






(313,171






)







 






(300,173






)







 






(284,530






)







Depreciation


 






(18,482






)







 






(18,822






)







 






(18,990






)







Asset impairment


 






(579






)







 






(2,536






)







 






(1,051






)







Gain on sale of building


 






10,960






 







 






—






 







 






—






 







Gain on insurance


 






482






 







 






—






 







 






—






 







Income (loss) from operations


 






3,852






 







 






(39,488






)







 






(19,454






)







Interest income


 






1,993






 







 






2,473






 







 






3,874






 







Interest expense


 






(342






)







 






(319






)







 






(306






)







Income (loss) before income taxes


 






5,503






 







 






(37,334






)







 






(15,886






)







Income tax (expense) benefit


 






(296






)







 






(5,836






)







 






3,907






 







Net income (loss)


$






5,207






 







$






(43,170






)







$






(11,979






)













 


Basic net income (loss) per common share


$






0.65






 







$






(5.19






)







$






(1.46






)







Diluted net income (loss) per common share


$






0.63






 







$






(5.19






)







$






(1.46






)













 


Weighted average number of shares outstanding








Basic


 






8,057






 







 






8,315






 







 






8,221






 







Diluted


 






8,300






 







 






8,315






 







 






8,221






 














 








CITI TRENDS, INC.


CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited)











 




January 31, 2026

February 1,2025




Assets:








Cash and cash equivalents


$






66,092







$






61,085









Inventory


 






113,515







 






122,640









Prepaid and other current assets


 






13,441







 






13,335









Property and equipment, net


 






54,384







 






50,715









Operating lease right of use assets


 






221,775







 






214,148









Other noncurrent assets


 






1,964







 






846









Total assets


$






471,171







$






462,769















 


Liabilities and Stockholders' Equity:








Accounts payable


$






100,693







$






102,456









Current operating lease liabilities


 






44,397







 






47,724









Accrued liabilities


 






27,934







 






23,823









Other current liabilities


 






383







 






388









Noncurrent operating lease liabilities


 






178,921







 






172,675









Other noncurrent liabilities


 






2,523







 






2,527









Total liabilities


 






354,851







 






349,593















 


Total stockholders' equity


 






116,320







 






113,176









Total liabilities and stockholders' equity


$






471,171







$






462,769










CITI TRENDS, INC.


RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (unaudited)


(in thousands, except per share data)








 


The Company uses certain financial measures, including adjusted SG&A, adjusted net income (loss), adjusted EBITDA, and adjusted EBITDA margin to understand and evaluate the Company’s current operating performance and to allow for period-to-period comparisons. The Company believes these non-GAAP financial measures provide meaningful supplemental information about our financial results to investors. These non-GAAP measures may not be comparable to similarly titled non-GAAP measures of other companies and should be considered in addition to and not as a substitute for, or superior to, any measure of performance, cash flow or liquidity prepared in accordance with GAAP. These Non-GAAP measures have no standardized meanings and are not defined by GAAP. The Company is providing a reconciliation of each of these non-GAAP financial measures to their most comparable financial measures on a GAAP basis.








 




Fourth Quarter






January 31, 2026

February 1, 2025




Reconciliation of Adjusted SG&A








SG&A


$






(80,033






)







$






(77,451






)









Severance1


 






—






 







 






653






 









Shareholder matters4


 






—






 







 






50






 









Adjusted SG&A


$






(80,033






)







$






(76,748






)















 




Fourth Quarter






January 31, 2026

February 1, 2025




Reconciliation of Adjusted Net Income (Loss)








Net income (loss)


$






7,412






 







$






(14,177






)









Gain on insurance


 






(482






)







 






—






 









Asset impairment


 






252






 







 






701






 









Severance1


 






—






 







 






653






 









Shareholder matters4


 






—






 







 






50






 









Adjusted net income (loss)


$






7,182






 







$






(12,773






)















 




Fourth Quarter






January 31, 2026

February 1, 2025




Reconciliation of Adjusted EBITDA








Net income (loss)


$






7,412






 







$






(14,177






)









Interest income


 






(605






)







 






(531






)









Interest expense


 






87






 







 






81






 









Income tax expense


 






296






 







 






15,830






 









Depreciation


 






4,937






 







 






4,491






 









Gain on insurance


 






(482






)







 






—






 









Asset impairment


 






252






 







 






701






 









Severance1


 






—






 







 






653






 









Shareholder matters4


 






—






 







 






50






 









Adjusted EBITDA


$






11,897






 







$






7,098






 















 








 




Fiscal Year






January 31, 2026

February 1, 2025




Reconciliation of Adjusted SG&A








SG&A


$






(313,171






)







$






(300,173






)









Lease termination fee5


 






390






 







 






—






 









Severance1


 






388






 







 






653






 









Shareholder matters4


 






146






 







 






1,746






 









Cyber incident expenses3


 






(597






)







 






36






 









CEO transition expenses2


 






—






 







 






1,479






 









Adjusted SG&A


$






(312,844






)







$






(296,259






)















 




Fiscal Year






January 31, 2026

February 1, 2025




Reconciliation of Adjusted Net income (loss)








Net income (loss)


$






5,207






 







$






(43,170






)









Gain on sale of building


 






(10,960






)







 






—






 









Gain on insurance


 






(482






)







 






—






 









Asset impairment


 






579






 







 






2,536






 









Lease termination fee5


 






390






 







 






—






 









Severance1


 






388






 







 






653






 









Shareholder matters4


 






146






 







 






1,746






 









Cyber incident expenses3


 






(597






)







 






36






 









CEO transition expenses2


 






—






 







 






1,479






 









Adjusted net loss


$






(5,329






)







$






(36,720






)















 




Fiscal Year






January 31, 2026

February 1, 2025




Reconciliation of Adjusted EBITDA








Net income (loss)


$






5,207






 







$






(43,170






)









Interest income


 






(1,993






)







 






(2,473






)









Interest expense


 






342






 







 






319






 









Income tax expense


 






296






 







 






5,836






 









Depreciation


 






18,482






 







 






18,822






 









Gain on sale of building


 






(10,960






)







 






—






 









Gain on insurance


 






(482






)







 






—






 









Asset impairment


 






579






 







 






2,536






 









Lease termination fee5


 






390






 







 






—






 









Severance1


 






388






 







 






653






 









Shareholder matters4


 






146






 







 






1,746






 









Cyber incident expenses3


 






(597






)







 






36






 









CEO transition expenses2


 






—






 







 






1,479






 









Adjusted EBITDA


$






11,798






 







$






(14,216






)















 


1 Represents severance and related costs resulting from the CEO transition and subsequent implementation of CEO-led organizational changes.


2 Represents costs associated with the hiring of a new CEO.


3 Represents costs associated with the cyber disruption of the Company's back office and distribution center IT systems in January 2023.


4 Represents costs related to requests and inquiries from a significant shareholder.


5 Represents a lease termination fee associated with the closure of a store.



Beginning in 2026 the Company will update its definition of Adjusted EBITDA and Adjusted SG&A to include an addback of equity-based compensation expense because equity-based compensation is a non-cash expense that the Company does not use to assess core profitability and the Company believes excluding equity-based compensation will improve comparability and provide greater transparency of cash generated from operations. The Company is providing the following reconciliations of Adjusted EBITDA and Adjusted SG&A under the new methodology to present the effects of the change in methodology. These reconciliations should be read together with the reconciliations of Adjusted EBITDA and Adjusted SG&A under the current methodology.





Fiscal Year



Reconciliation of Adjusted SG&A (New Methodology)

January 31, 2026



Adjusted SG&A (Current Methodology)


$






(312,844






)








Equity-based compensation


 






5,389






 








Adjusted SG&A (New Methodology)


$






(307,455






)











 




Fiscal Year



Reconciliation of Adjusted EBITDA (New Methodology)

January 31, 2026



Adjusted EBITDA (Current Methodology)


$






11,798






 








Equity-based compensation


 






5,389






 








Adjusted EBITDA (New Methodology)


$






17,187






 











 




Fiscal Year



Adjusted EBITDA Margin

January 31, 2026



Sales


$






819,962






 








Adjusted EBITDA (New Methodology)


 






17,187






 








Adjusted EBITDA margin


 






2.1






%








 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260317839997/en/
Tom Filandro

ICR, Inc.

CitiTrendsIR@icrinc.com


Original: CitiTrends Announces Fourth Quarter and Fiscal 2025 Results

CITITRENDS to Present at the UBS 2026 Global Consumer and Retail ConferenceMarch 4, 2026 6:45 AM
Business Wire
Citi Trends, Inc. (NASDAQ: CTRN) (“CITITRENDS” or the “Company”), 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 presenting at the UBS 2026 Global Consumer and Retail Conference on Wednesday, March 11, 2026 at 11:00 a.m. ET.


The Company will be represented at the conference by members of management. A live webcast of the presentation will be available at cititrends.com, under the Investor Relations section. An online archive will be available for a period of 90 days following the presentation.


About CITITRENDS


Citi Trends, Inc. is a leading off-price value retailer of apparel, accessories, and home trends primarily for Black families in the United States. The Company operates 592 stores located in 33 states. For more information, visit cititrends.com or your local store.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260304946876/en/
Tom Filandro

ICR, Inc.

CitiTrendsIR@icrinc.com


Original: CITITRENDS to Present at the UBS 2026 Global Consumer and Retail Conference

CitiTrends Sets Date for Fourth Quarter and Full Year 2025 Earnings Release and Conference CallMarch 3, 2026 6:45 AM
Business Wire
Citi Trends, Inc. (NASDAQ: CTRN) today announced plans to release its earnings for the fourth quarter and full year 2025 before the market opens on Tuesday, March 17, 2026. Citi Trends 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 website, www.cititrends.com, under the Investor Relations section, on March 17, 2026, beginning at 9:00 a.m. ET. The online replay will follow shortly after the call and will be available for one year. The live conference call can also be accessed by dialing 1-877-407-0779.


During the conference call, the Company may discuss and answer questions concerning business and financial developments and trends that have occurred after quarter-end. The Company’s responses to questions, as well as other matters discussed during the conference call, may contain or constitute information that has not been disclosed previously.


About CITITRENDS


Citi Trends, Inc. is a leading off-price value retailer of apparel, accessories, and home trends primarily for Black families in the United States. The Company operates 592 stores located in 33 states. For more information, visit www.cititrends.com or your local store.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260303110864/en/
Tom Filandro

ICR, Inc.

CitiTrendsIR@icrinc.com


Original: CitiTrends Sets Date for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

Citi Trends Names New Director, Reshuffles Finance Committee and Extends Fund 1 PactFebruary 20, 2026 9:41 AM
IH Market News
Citi Trends, Inc. (NASDAQ:CTRN) unveiled a series of governance changes Thursday, including a board departure and new independent appointment, a leadership transition on its Finance Committee, and a one-year extension of its cooperation agreement with Fund 1 Investments, LLC.The off-price retailer said Wes Calvert stepped down from its Board of Directors effective February 19, 2026, concluding his tenure that included serving as Chair of the Finance Committee. The board simultaneously appointed Benjamin Faw as an independent director, with Faw assuming the role of Finance Committee chair upon joining.Calvert had been credited with strengthening the company’s financial oversight and capital allocation framework during a period of operational refinement and strategic repositioning.“Wes has been a trusted partner to management, particularly during a period where financial discipline and thoughtful capital allocation were critical to CITITRENDS’ progress,” said Ken Seipel, Chairman and Chief Executive Officer. “On behalf of the CITITRENDS Board and leadership team, I want to thank Wes for his leadership and lasting contributions to the Company and our shareholders.”Reflecting on his departure, Calvert said, “It has been a privilege to serve on the CITITRENDS Board and to chair the Finance Committee during an important phase of the Company’s evolution. I have great confidence in the leadership team, the strategy underway, and the Company’s long-term prospects.”Faw joins the board with experience spanning digital platforms, technology investing, and private capital. The company said his background in scaling and optimizing consumer-facing businesses aligns with its modernization efforts.“We are excited to welcome Benjamin to the Board and to have him assume leadership of our Finance Committee,” Seipel added. “His digital expertise, investor mindset, and disciplined approach to capital allocation align well with CITITRENDS’ continued modernization and long-term growth strategy.”Faw said, “I am honored to join the CITITRENDS Board at such a pivotal time. I look forward to working closely with the Board and management team to support financial discipline, strategic execution, and long-term shareholder value creation.”Separately, Citi Trends confirmed it has exercised its option to extend its cooperation agreement with Fund 1 — including existing standstill provisions — for another year. The move signals continued engagement between the retailer and the investment firm.“We appreciate the ongoing dialogue and engagement with Fund 1 and view the extension of the cooperation agreement as a positive step that reflects confidence in our strategy, governance, and execution,” Seipel said.Jonathan Lennon, Founder and Managing Partner of Fund 1, commented, “We appreciate the strong work of CITITRENDS’ management team and Board, and remain confident in the Company’s leadership and strategic direction, and its ability to create long-term value for shareholders.”Following the changes, Citi Trends’ board will comprise eight directors, seven of whom are independent.Citi Trends operates 590 stores across 33 U.S. states, focusing on value-priced apparel, accessories, and home merchandise primarily serving Black families.Citi Trends stock price

Original: Citi Trends Names New Director, Reshuffles Finance Committee and Extends Fund 1 Pact

Citi Trends, Inc. Announces Board Transition, Finance Committee Leadership Update, and Extension of Cooperation Agreement with Fund 1February 20, 2026 6:45 AM
Business Wire
Citi Trends, Inc. (NASDAQ: CTRN) (“CITITRENDS” or the “Company”), a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States, today announced a series of governance and shareholder-related updates, including a Board transition, Finance Committee leadership change, and the extension of its cooperation agreement with Fund 1 Investments, LLC (“Fund 1”).


The Company announced that Wes Calvert has departed from the Company’s Board of Directors effective February 19, 2026, following his distinguished service on the Board, including his role as Chair of the Finance Committee. Concurrently, the Board has appointed Benjamin Faw as a new independent director, effective February 19, 2026. Mr. Faw will assume the role of Chair of the Finance Committee upon his appointment.


Mr. Calvert served on the CITITRENDS Board this past year, providing strong financial oversight, disciplined capital allocation guidance, and steady leadership as the Company strengthened its operating model and long-term financial framework. As Chair of the Finance Committee, he played an instrumental role in enhancing financial rigor, long-range planning discipline, and shareholder value creation.


“Wes has been a trusted partner to management, particularly during a period where financial discipline and thoughtful capital allocation were critical to CITITRENDS’ progress,” said Ken Seipel, Chairman and Chief Executive Officer. “On behalf of the CITITRENDS Board and leadership team, I want to thank Wes for his leadership and lasting contributions to the Company and our shareholders.”


Reflecting on his service, Mr. Calvert said, “It has been a privilege to serve on the CITITRENDS Board and to chair the Finance Committee during an important phase of the Company’s evolution. I have great confidence in the leadership team, the strategy underway, and the Company’s long-term prospects.”


Mr. Faw brings extensive experience across the digital, technology, and investment landscape, along with a strong track record as a successful private investor. His background includes deep expertise in value creation across consumer-facing businesses.


“We are excited to welcome Benjamin to the Board and to have him assume leadership of our Finance Committee,” continued Seipel. “His digital expertise, investor mindset, and disciplined approach to capital allocation align well with CITITRENDS’ continued modernization and long-term growth strategy.”


Mr. Faw added, “I am honored to join the CITITRENDS Board at such a pivotal time. I look forward to working closely with the Board and management team to support financial discipline, strategic execution, and long-term shareholder value creation.”


In addition, CITITRENDS announced that it has exercised its right to extend its cooperation agreement with Fund 1, including the standstill provisions, for an additional one-year term, reflecting continued alignment and constructive engagement with the Company’s shareholders.


“We appreciate the ongoing dialogue and engagement with Fund 1 and view the extension of the cooperation agreement as a positive step that reflects confidence in our strategy, governance, and execution,” said Mr. Seipel.


Jonathan Lennon, Founder and Managing Partner of Fund 1, commented, “We appreciate the strong work of CITITRENDS’ management team and Board, and remain confident in the Company’s leadership and strategic direction, and its ability to create long-term value for shareholders.”


Following these updates, the CITITRENDS Board will consist of 8 directors, 7 of whom are independent.


About Citi Trends, Inc.


Citi Trends, Inc. is a leading off-price value retailer of apparel, accessories, and home trends primarily for Black families in the United States. The Company operates 590 stores located in 33 states. For more information, visit www.cititrends.com or your local store.


Forward-Looking Statements


This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts contained in this press release, including statements regarding the Company’s future financial results and position, business plans and the objectives and expectations of management, are forward-looking statements that are subject to material risks and uncertainties. The words “believe,” “may,” “could,” “plans,” “estimate,” “expects,” “continue,” “anticipate,” “intend,” “expect,” “upcoming,” “trend” and similar expressions, as they relate to the Company, are intended to identify forward-looking statements, although not all forward-looking statements contain such language. Investors are cautioned that any such forward-looking statements are inherently subject to risks and uncertainties and are not guarantees of future performance. Actual results or developments may differ materially from those included in the forward-looking statements as a result of various factors, which are discussed in our Annual Reports and Quarterly Reports on Forms 10-K and 10-Q, respectively, and any amendments thereto, filed with the U.S. Securities and Exchange Commission (the “SEC”). These risks and uncertainties include, but are not limited to, uncertainties relating to general economic conditions, including inflation, energy and fuel costs; unemployment levels and any deterioration whether caused by acts of war, terrorism, political or social unrest (including any resulting store closures, damage or loss of inventory) or other factors; changes in market interest rates and market levels of wages; the imposition of new taxes on imports, new tariffs and changes in existing tariff rates; the imposition of new trade restrictions and changes in existing trade restrictions; impacts of natural disasters such as hurricanes; uncertainty and economic impact of pandemics, epidemics or other public health emergencies; transportation and distribution delays or interruptions; changes in freight rates; the Company’s ability to attract and retain workers; the Company’s ability to negotiate effectively the cost and purchase of merchandise inventory risks due to shifts in market demand and to manage inventory shrinkage; the Company’s ability to gauge fashion trends and changing consumer preferences; consumer confidence and changes in consumer spending patterns; competition within the industry; competition in the Company’s markets; the duration and extent of any economic stimulus programs; changes in product mix; interruptions in suppliers’ businesses; risks related to cybersecurity, data privacy and intellectual property; temporary changes in demand due to weather patterns; seasonality of the Company’s business; the results of pending or threatened litigation; delays associated with building, remodeling, opening and operating new stores; and delays associated with building, and opening or expanding new or existing distribution centers. Any forward-looking statements by the Company are intended to speak only as of the date such statements are made. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the SEC, the Company does not undertake to publicly update any forward-looking statements in this press release or with respect to matters described herein, whether as a result of any new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260220822418/en/
Tom Filandro ICR, Inc.

CitiTrendsIR@icrinc.com


Original: Citi Trends, Inc. Announces Board Transition, Finance Committee Leadership Update, and Extension of Cooperation Agreement with Fund 1

love to see it.

This chart is looking good!

But the short interest if almost 30% on such a low float. Any bit of pressure may make this mofo run.

News: $CTRN Citi Trends Provides Business Update

Safely reopened the majority of stores across 33 states Second quarter-to-date total sales increased 25% and comparable sales in reopened stores increased 53%, exceeding expectations Company forms CitiCARES ™ Council to support Black communities Citi Trends, ...

Find out more CTRN - Citi Trends Provides Business Update

News: $CTRN Citi Trends Announces Second Quarter 2019 Results and Declares Quarterly Cash Dividend

Citi Trends, Inc. (NASDAQ: CTRN) today reported unaudited results for the second quarter of fiscal 2019. Financial Highlights – Second quarter ended August 3, 2019 Total sales in the second quarter ended August 3, 2019 increased 0.5% to $182.8 million, compared with $182....

Find out more Citi Trends Announces Second Quarter 2019 Results and Declares Quarterly Cash Dividend

Big beat on earning coming easy$$

Well, CTRN's Q3 report killed this ATM machine for a while. It will go back down as it always does. Patience is the key.

$CTRN DD Notes ~ http://www.ddnotesmaker.com/CTRN


bullish
falling wedge scan
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal


$CTRN recent news/filings

## source: finance.yahoo.com

Thu, 30 Oct 2014 17:17:32 GMT ~ Nasdaq stocks posting largest percentage increases


read full: http://sg.finance.yahoo.com/news/nasdaq-stocks-posting-largest-percentage-220237991--finance.html
*********************************************************

Wed, 29 Oct 2014 15:35:47 GMT ~ Citi Trends Sets Date for Third Quarter Earnings Release and Conference Call

[at noodls] - Citi Trends, Inc. - SAVANNAH, Ga., Oct. 29, 2014 (GLOBE NEWSWIRE) -- Citi Trends, Inc. (Nasdaq:CTRN) today announced details for the release of its results for the third quarter ending November 1, 2014. ...

read full: http://www.noodls.com/view/A04F80ABF917348222E739C005D4318DD2FD8C42
*********************************************************

Wed, 29 Oct 2014 15:30:00 GMT ~ Citi Trends Sets Date for Third Quarter Earnings Release and Conference Call

[GlobeNewswire] - SAVANNAH, Ga. -- Citi Trends, Inc. today announced details for the release of its results for the third quarter ending November 1, 2014.

read full: http://finance.yahoo.com/news/citi-trends-sets-date-third-153000784.html
*********************************************************

Mon, 06 Oct 2014 21:05:02 GMT ~ Walmart Faces New Accusation, Agrees to Settle Lawsuit


read full: http://finance.yahoo.com/news/walmart-faces-accusation-agrees-settle-210502713.html
*********************************************************

Mon, 06 Oct 2014 17:40:07 GMT ~ DSW's Expansion Continues, Three More Stores in the Offing


read full: http://finance.yahoo.com/news/dsws-expansion-continues-three-more-174007761.html
*********************************************************


$CTRN charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$CTRN company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/CTRN/company-info
Ticker: $CTRN
OTC Market Place: Not Available
CIK code: 0001318484
Company name: Citi Trends, Inc.
Incorporated In: DE, USA


$CTRN share structure

## source: otcmarkets.com

Market Value: $361,756,385 a/o Oct 30, 2014
Shares Outstanding: 15,579,517 a/o Aug 18, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$CTRN extra dd links

Company name: Citi Trends, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=CTRN+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=CTRN+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=CTRN+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/CTRN/news - http://finance.yahoo.com/q/h?s=CTRN+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/CTRN/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/CTRN/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=CTRN+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/CTRN
DTCC (dtcc.com): http://search2.dtcc.com/?q=Citi+Trends%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Citi+Trends%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Citi+Trends%2C+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/CTRN
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001318484&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/CTRN/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/CTRN/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=CTRN&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=CTRN
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/CTRN/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=CTRN+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=CTRN+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=CTRN
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=CTRN
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=CTRN+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/CTRN/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=CTRN+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/CTRN.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=CTRN
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/CTRN/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/CTRN/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/CTRN
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/CTRN
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/CTRN:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=CTRN
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=CTRN



$CTRN DD Notes ~ http://www.ddnotesmaker.com/CTRN

~ Friday! $CTRN ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $CTRN ~ Earnings expected on Friday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=CTRN&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=CTRN&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=CTRN
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=CTRN#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=CTRN+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=CTRN
Finviz: http://finviz.com/quote.ashx?t=CTRN
~ BusyStock: http://busystock.com/i.php?s=CTRN&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=CTRN >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

pinch piggy pinch! 8-}

Tank piggie piggie

dude, this pig is is going sub penny any friggin' day now!! Get yur putzzzzz


lmfao

Tank you F'n pig!!!

Not at bottom yet... keep an eye on this one.