Citi Trends Q1 Sales Jump 14.4%, Adjusted EBITDA Doubles
CTRN sits 74% above its 52-week low of $25.52.
Summary
Citi Trends reported strong Q1 fiscal 2026 results, with sales up 14.4% to $230.9 million and comparable store sales increasing 13.9%. Adjusted EBITDA more than doubled to $13.9 million, and the company posted net income of $7.8 million. This full report follows the preliminary sales announcement on May 27th and confirms robust performance driven by higher customer traffic. The company also reaffirmed its increased fiscal 2026 adjusted EBITDA outlook and plans to open approximately 25 new stores, indicating continued positive momentum.
At the time of this announcement, CTRN was trading at $44.28 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $370.2M. The 52-week trading range was $25.52 to $56.78. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.