Citi Trends Inc

Citi Trends Inc. announced strong preliminary unaudited financial results for the second quarter and six months ended August 1, 2026. Preliminary Q2 2026 total sales rose 10.9% to $211.6 million, with comparable store sales increasing 10.5%. This marks the eighth consecutive quarter of comparable store sales growth, demonstrating the effectiveness of its strategic transformation. The company will participate in the 2026 Small Cap Conference and plans to release its full Q2 2026 earnings on August 25, 2026.

Citi Trends, Inc. held its 2026 annual meeting of stockholders on June 10, 2026, where eight director nominees were elected and executive compensation was approved on an advisory basis. The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending January 30, 2027, was also ratified. Detailed voting results for each proposal were provided.

Citi Trends Inc. reported strong first-quarter fiscal 2026 results, with total sales up 14.4% to $230.9 million and comparable store sales increasing by 13.9%. Net income rose to $7.8 million from $0.9 million in the prior year, and adjusted EBITDA more than doubled to $13.9 million. The company reaffirmed its full-year adjusted EBITDA outlook of $35 million to $40 million and plans to open 25 new stores while remodeling 50.

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.

Citi Trends, Inc. has filed its annual Form 10-K report with the SEC for the fiscal year ended January 31, 2026. The company confirmed its status as an accelerated filer and indicated that it has filed all required reports during the preceding 12 months. This filing is a routine compliance requirement, providing a comprehensive overview of the company's financial performance and operational status for the past fiscal year.