---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-069202"
form_type: "8-K"
ticker: "CTRN"
cik: "0001318484"
company_name: "Citi Trends Inc"
filed_at: "2026-06-02T10:58:00+00:00"
generated_at: "2026-06-02T11:00:59.750617+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Citi Trends Q1 sales up 14.4% to $230.9M; adjusted EBITDA doubles to $13.9M

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-069202
- form_type: 8-K
- ticker: CTRN
- cik: 0001318484
- company_name: Citi Trends Inc
- filed_at: 2026-06-02T10:58:00+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318484/000110465926069202/0001104659-26-069202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318484/000110465926069202/tm2616574d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-069202
- JSON: https://secwatch.observer/filing/0001104659-26-069202.json
- Plain text: https://secwatch.observer/filing/0001104659-26-069202.txt

## Source-grounded claims
- claim_id: 1dd00151d747f70375d10adb745dde1783a7a421
  claim: Citi Trends Inc reported the first quarter ended May 2, 2026 results: revenue $230.9 million, net income $7.8 million. Guidance reaffirmed.
  evidence_excerpt: (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 of 13.9%; Two-year stack of 23.8% Q1 2026 Net Income of $7.8 million; Q1 2026 adjusted EBITDA* of $13.9 million, more than double Q1 2025 results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318484/000110465926069202/0001104659-26-069202-index.htm

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