---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-121426"
form_type: "8-K"
ticker: "CTRN"
cik: "0001318484"
company_name: "Citi Trends Inc"
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T20:48:54.244395+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Citi Trends Q3 sales $179.5M (-6.7%); net loss $0.47/sh; guides FY EBITDA $1-7M

## Summary
- Q3 comparable store sales down 6.2%; total sales $179.5M, down 6.7% YoY.
- Gross margin 38.2% vs 39.8% YoY; operating loss $6.0M vs income $31.6M.
- Adjusted net loss per share $0.56; year-to-date adjusted loss $1.83.
- FY 2023 sales expected down mid-single digits; EBITDA $1-7M; capex $17-20M.
- Total liquidity $135M, no debt; $50M remains on buyback program.

## SEC filing metadata
- accession: 0001104659-23-121426
- form_type: 8-K
- ticker: CTRN
- cik: 0001318484
- company_name: Citi Trends Inc
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318484/000110465923121426/0001104659-23-121426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318484/000110465923121426/tm2331523d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-121426
- JSON: https://secwatch.observer/filing/0001104659-23-121426.json
- Plain text: https://secwatch.observer/filing/0001104659-23-121426.txt

## Key facts
- Earnings Releases
  Citi Trends Inc reported financial results for third quarter ended October 28, 2023.
  - Period: third quarter ended October 28, 2023
  - Result: reported results
  source text: On November 28, 2023, the Company issued a press release reporting its financial results for the third quarter ended October 28, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465923121426/0001104659-23-121426-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.