secwatch.observer — SEC 8-K summary
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Issuer:     Citi Trends Inc (CTRN)
CIK:        0001318484
Form:       8-K
Filed at:   2026-06-02T10:58:00+00:00
Accession:  0001104659-26-069202
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318484/000110465926069202/0001104659-26-069202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318484/000110465926069202/tm2616574d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-069202

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