Citi Trends Reports Strong Preliminary Q1 Sales, Up 14.4% to $230.9M
CTRN sits 97% above its 52-week low of $25.52.
Summary
Citi Trends announced preliminary first-quarter 2026 total sales increased by a robust 14.4% to $230.9 million. This strong performance follows the company's return to profitability and significant comparable store sales growth reported for fiscal year 2025 in March and April SEC filings. The double-digit sales growth for the current quarter suggests continued positive operational momentum and is a material update for investors.
At the time of this announcement, CTRN was trading at $50.32 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 news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.