Citi Trends hit by Hive ransomware; back office and DC systems disrupted, stores unaffected

Citi Trends Inc

Disruption occurred Jan 14, 2023; Hive ransomware affected back office and distribution center IT systems.
Stores and financial system of record remained fully operational; no sensitive customer data retained.
FBI provided decryption tools after disrupting Hive network; critical systems restored.
Impact not material to Q4 FY2022 results; not expected to be material to FY2023.
Merchandise flow to stores began normalizing in third week of February 2023.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.