earnings
confidence high
sentiment positive
materiality 0.75
Citi Trends Q2 sales up 10.9%, raises FY26 EBITDA guidance to $38-42M
Citi Trends Inc
- Q2 total sales $211.6M (+10.9% YoY); comp store sales +10.5% (19.7% two-year).
- Q2 net loss $0.9M; adjusted net income $0.4M; adjusted EBITDA $5.5M vs -$1.1M loss.
- First half net income $6.8M; adjusted EBITDA $19.4M, up $14.1M YoY.
- Raises FY26 outlook: comp sales growth 9-11%, total sales 10-12%, adjusted EBITDA $38-42M (from $35-40M).
- Ends Q2 with $55.9M cash, no debt; opened 4 stores, closed 1, 594 locations.