earnings
confidence high
sentiment neutral
materiality 0.75
Citi Trends Q4 comp sales +6.4%; guides FY25 EBITDA $5-9M
Citi Trends Inc
2024-FY EPS reported
-$5.19
revenue$753,079,000
- Q4 total sales $211.2M (-1.9% due to shorter period); comparable store sales +6.4% on shifted 13-week basis.
- Q4 net loss $14.2M vs net income $3.6M in Q4 2023; adjusted net loss $12.8M.
- FY2024 total sales $753.1M (+0.7%), comp +3.4%; full year net loss $43.2M vs $12.0M loss prior.
- FY2025 guidance: low-to-mid single digit comp growth; EBITDA planned $5-9M, a $19-23M improvement.
- Since restart in Q4 2024, repurchased 395,793 shares for $10.0M; $40M remains on buyback program.