| Metric | Value ($ M) | Q2 FY26 |
|---|---|---|
| Revenue | 230.86 | 14.4% |
| Total Income | 230.86 | 14.4% |
| Expenditure | 223.48 | 11.1% |
| PBT | 7.94 | 812.6% |
| Net Profit | 7.75 | 790.8% |
| OPM | 3.19% | 2.95pp |
| NPM | 3.36% | 2.93pp |
| EPS | 0.95 | 763.6% |
Citi Trends Pre-Announces Strong Preliminary Q2 Sales
10 Aug 2026 · 10 Aug, 4:27 pm
Summary
Citi Trends, Inc. pre-announced strong preliminary financial results for the second quarter and year-to-date 2026. Total sales for Q2 2026 increased by 10.9% to $211.6 million, with comparable store sales up 10.5% (19.7% on a two-year basis). For the year-to-date period, total sales grew 12.7% to $442.5 million. CEO Ken Seipel stated that the results demonstrate the effectiveness of their strategic transformation and that customers are responding positively to enhanced merchandise assortments and value proposition.
Key Highlights
- 1
Citi Trends announced preliminary unaudited Q2 2026 total sales increased 10.9% to $211.6 million.
- 2
Preliminary Q2 2026 comparable store sales increased by 10.5%, representing a 19.7% increase on a two-year basis.
- 3
Year-to-date 2026 preliminary total sales increased 12.7% to $442.5 million.
- 4
Year-to-date 2026 preliminary comparable store sales increased by 12.2%, or 21.8% on a two-year basis.
- 5
This marks Citi Trends' eighth consecutive quarter of comparable store sales growth.
- 6
The company will release its full second quarter 2026 earnings on August 25, 2026.
Management Comments
Ken Seipel
Our second quarter preliminary unaudited sales results, including 10.5% comparable store sales growth, demonstrate that our strategic transformation is working. Customers are responding to our enhanced merchandise assortments and improved value proposition, while our teams remain focused on disciplined execution, converting sales into profit, and accelerating growth. This approach is driving continuation of our two-year comparable store sales trend of approximately 20% into the early back-to-school season. During the quarter we delivered sales increases to last year in every merchandise category due to an elevated focus on improved value equation on wear-now product for the summer season, which in turn drove consistent transaction and basket growth in each month. Importantly, this marks our eighth consecutive quarter of comparable store sales growth, demonstrating the consistency and durability of our strategy. Our unwavering commitment to the Black consumer remains at the center of everything we do, and we are building long-term shareholder value while staying true to our purpose of serving the neighborhoods that depend on us. We look forward to sharing additional details on our earnings call on August 25, 2026.
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