Citi Trends Q1 FY26 net income swings to USD 7.8 million; net sales rise 14.4% to USD 230.9 million

Citi Trends, Inc.

Citi Trends, Inc.

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  • Citi Trends posted Q1 FY2026 net income of USD 7.8 million, swinging from a year-earlier profit of USD 871,000; diluted EPS rose to USD 0.91.
  • Net sales climbed 14.4% to USD 230.9 million, with comparable store sales up 13.9% on higher traffic and basket size.
  • Gross margin widened 0.4 percentage point to 40.0%, as higher merchandise margin was partly offset by higher freight expense from fuel surcharges.
  • Adjusted EBITDA more than doubled to USD 13.9 million; cash rose to USD 81.1 million with no debt at quarter-end.
  • FY2026 outlook calls for comparable sales growth of 8% to 10% and adjusted EBITDA of USD 35 million to USD 40 million, with plans to open about 25 stores.


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