8-K
filed June 2, 2026, 6:58 AM ET
ticker CTRN
CIK 0001318484
earnings
confidence high
sentiment positive
materiality 0.65
Citi Trends Q1 sales up 14.4% to $230.9M; adjusted EBITDA doubles to $13.9M
Citi Trends Inc
- Comparable store sales grew 13.9% YoY; two-year stack increased 23.8%.
- Net income of $7.8M vs. $0.9M in Q1 2025; adjusted net income $9.2M.
- Gross margin expanded 40 bps to 40.0%; adjusted SG&A leveraged 250 bps to 33.9% of sales.
- Reaffirmed FY 2026 adjusted EBITDA outlook of $35M-$40M, more than double FY 2025.
- Cash of $81.1M, no debt; opened 2 stores, closed 1, remodeled 25 in the quarter.
Machine-readable event card
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(EXHIBIT 99.1) ---
EX-99.1 2 tm2616574d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CITITRENDS ANNOUNCES FIRST QUARTER
FISCAL 2026 RESULTS Q1 2026 total sales increased 14.4% to $230.9 million Comparable store sales growth
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(EXHIBIT 99.1) ---
EX-99.1 2 tm2616574d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CITITRENDS ANNOUNCES FIRST QUARTER
FISCAL 2026 RESULTS Q1 2026 total sales increased 14.4% to $230.9 million Comparable store sales growth
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(EXHIBIT 99.1) ---
EX-99.1 2 tm2616574d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CITITRENDS ANNOUNCES FIRST QUARTER
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This filing
(EXHIBIT 99.1) ---
EX-99.1 2 tm2616574d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CITITRENDS ANNOUNCES FIRST QUARTER
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press release is furnished herewith as Exhibit 99.1.
--- EX-99.1 (EX-99.1) ---
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same fact type: earnings_release
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This filing
(EXHIBIT 99.1) ---
EX-99.1 2 tm2616574d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CITITRENDS ANNOUNCES FIRST QUARTER
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same fact type: earnings_release
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This filing
(EXHIBIT 99.1) ---
EX-99.1 2 tm2616574d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CITITRENDS ANNOUNCES FIRST QUARTER
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Exchange Act, unless such subsequent filing specifically references this Form 8-K.
--- EX-99.1 (EX-99.1) ---
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(EXHIBIT 99.1) ---
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same fact type: earnings_release
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(EXHIBIT 99.1) ---
EX-99.1 2 tm2616574d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CITITRENDS ANNOUNCES FIRST QUARTER
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