Quarterly UpdatesMay 27, 2026, 04:32 PM
Citi Trends Q1 Sales +14.4% to $230.9M; Raises FY26 Outlook
AI Summary
Citi Trends pre-announced strong preliminary financial results for the first quarter ended May 2, 2026, with total sales increasing 14.4% to $230.9 million and comparable store sales up 13.9%. The company expects Q1 Adjusted EBITDA to be between $13.5 million and $14.0 million, more than double Q1 2025. Due to this strong start, Citi Trends raised its fiscal 2026 outlook for comparable store sales growth to 8%-10% and Adjusted EBITDA to $35 million-$40 million.
Key Highlights
- Preliminary Q1 2026 total sales increased 14.4% to $230.9 million.
- Preliminary Q1 2026 comparable store sales rose 13.9%.
- Preliminary Q1 2026 Adjusted EBITDA expected between $13.5 million and $14.0 million.
- Fiscal 2026 comparable store sales outlook raised to 8%-10%.
- Fiscal 2026 Adjusted EBITDA outlook raised to $35 million-$40 million.
- Q1 Adjusted EBITDA more than doubled performance from Q1 2025.
Price Impact
More from CTRN