Citi Trends Lifts FY2026 Guidance as Q2 Sales Climb 10.9%
CTRN has more than doubled off its 52-week low of $29.2.
Summary
Citi Trends reported Q2 sales up 10.9% to $211.6 million and raised full-year guidance, with first-half adjusted EBITDA already surpassing all of fiscal 2025.
Key Events · Earnings and Guidance · CTRN
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Q2 Sales Up 10.9%
Total sales reached $211.6 million, up $20.9 million from Q2 2025, with comparable store sales up 10.5% — the eighth consecutive quarter of comp growth.
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First-Half Profitability Surge
First-half net income of $6.8 million and adjusted EBITDA of $19.4 million, up $14.1 million year-over-year and already exceeding all of fiscal 2025's adjusted EBITDA.
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FY2026 Guidance Raised
Adjusted EBITDA outlook raised to $38-42 million from $35-40 million; comparable sales growth guidance lifted to 9-11% from 8-10%; total sales growth now expected at 10-12%.
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New Store Target Reduced
New store count for 2026 lowered to 20 from 25, with an additional 10-15 remodels above the prior 50-remodel guidance; capex remains $35-40 million.
Analysis · CTRN · Trade & Services
Full Q2 results from Citi Trends surpassed its own preliminary sales figures, prompting a broad increase in full-year guidance. Comparable store sales rose 10.5% in Q2, extending the streak to eight consecutive quarters of growth, while first-half adjusted EBITDA of $19.4 million already tops all of fiscal 2025. The company now expects adjusted EBITDA of $38-42 million, up from $35-40 million, and comparable sales growth of 9-11%. The balance sheet remains debt-free with $55.9 million in cash. One soft spot: the new-store target has been trimmed to 20 from 25, though capital is being redirected to additional remodels.
How filings like this one have moved
In the 30 days to Aug 25, 2026, 37.4% of the 3413 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, CTRN was trading at $74.35 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $619.3M. The 52-week trading range was $29.20 to $77.91. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.