secwatch.observer — SEC 8-K summary
======================================

Issuer:     Citi Trends Inc (CTRN)
CIK:        0001318484
Form:       8-K
Filed at:   2025-08-26T23:59:59+00:00
Accession:  0001104659-25-082774
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Citi Trends Q2 comps +9.2%; raises FY2025 EBITDA guidance to $7-11M
-------------------------------------------------------------------

- Q2 total sales $190.8M (+8.0% YoY); comparable store sales +9.2%; gross margin 40.0% (up 890bps).
- Net income $3.8M incl $11M building gain; adjusted net loss $6.8M improved from $16.2M loss.
- Adjusted EBITDA loss $2.6M improved $14.6M from $17.2M loss; cash $50.4M, no debt.
- FY2025 guidance raised: comps mid-to-high single digits; EBITDA now $7-11M vs prior; capex $22-25M.
- Inventory down 12.9% YoY; store count 590; remodeled 19 stores, closed 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318484/000110465925082774/0001104659-25-082774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318484/000110465925082774/tm2524286d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-082774

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer