Citi Trends Pre-Announces Strong Q1 Sales & EBITDA, Raises Full-Year Guidance
CTRN sits 96% above its 52-week low of $25.52.
Summary
Citi Trends pre-announced robust preliminary Q1 2026 sales and Adjusted EBITDA, leading to an upward revision of its full-year fiscal 2026 guidance.
Key Events · Earnings and Guidance · CTRN
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Strong Preliminary Q1 Sales
Preliminary total sales for Q1 2026 increased by 14.4% to $230.9 million, with comparable store sales growing by 13.9% (23.8% on a two-year basis).
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Doubled Q1 Adjusted EBITDA
Preliminary Q1 2026 Adjusted EBITDA is expected to be in the range of $13.5 million to $14.0 million, more than double the performance from Q1 2025.
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Raised Fiscal 2026 Outlook
The company increased its fiscal 2026 comparable store sales growth outlook to 8% to 10% (from 5% to 7%) and Adjusted EBITDA to $35 million to $40 million (from $34 million to $38 million).
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Upcoming Conference and Earnings Call
Citi Trends will participate in the Craig-Hallum Institutional Investor conference on May 28, 2026, and will provide further details during its Q1 earnings call on June 2, 2026.
Analysis · CTRN · Trade & Services
Citi Trends reported significantly strong preliminary first-quarter results, with total sales increasing by 14.4% and comparable store sales up 13.9%. This performance led to a more than doubling of Adjusted EBITDA compared to the prior year. Crucially, the company raised its full-year fiscal 2026 outlook for both comparable store sales growth and Adjusted EBITDA, signaling sustained positive momentum and improved profitability. This update reinforces the positive trend noted in its recent 10-K filing regarding a return to profitability.
At the time of this filing, CTRN was trading at $49.90 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $389.6M. The 52-week trading range was $25.52 to $56.78. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.