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CTRN

Citi Trends, Inc.

CTRN

Citi Trends, Inc. • NASDAQ
$45.29 ▲ 0.67% (+0.30)
Market Cap $376.17 M
52w High $45.92
52w Low $16.82
Dividend Yield 0%
P/E -22.76
Volume 46.38K
Outstanding Shares 8.31M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $190.75M ▼ $78.905M ▲ $3.818M ▲ 2.002% ▲ $0.48 ▲ $8.454M ▲
Q1-2025 $201.728M ▼ $74.887M ▼ $871K ▲ 0.432% ▲ $0.11 ▲ $5.317M ▼
Q4-2024 $211.172M ▲ $77.451M ▼ $-14.179M ▼ -6.714% ▼ $-1.71 ▼ $6.225M ▲
Q3-2024 $179.066M ▲ $80.059M ▲ $-7.152M ▲ -3.994% ▲ $-0.86 ▲ $-3.589M ▲
Q2-2024 $176.552M $73.78M $-18.413M -10.429% $-2.21 $-19.501M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $50.397M ▲ $457.408M ▲ $344.168M ▲ $113.24M ▲
Q1-2025 $41.556M ▼ $437.408M ▼ $328.849M ▼ $108.559M ▼
Q4-2024 $61.085M ▲ $462.769M ▼ $349.594M ▲ $113.176M ▼
Q3-2024 $38.872M ▼ $467.076M ▼ $336.806M ▼ $130.27M ▼
Q2-2024 $59.302M $506.731M $370.141M $136.59M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2025 $871K ▲ $-10.969M ▼ $-2.104M ▲ $-6.456M ▼ $-19.529M ▼ $-13.073M ▼
Q4-2024 $-14.177M ▼ $28.499M ▲ $-2.502M ▼ $-3.784M ▼ $22.213M ▲ $25.997M ▲
Q3-2024 $-7.152M ▲ $-18.352M ▼ $-2.054M ▲ $-24K ▲ $-20.43M ▼ $-20.406M ▼
Q2-2024 $-18.413M ▼ $5.618M ▲ $-3.962M ▼ $-523K ▼ $1.133M ▲ $1.656M ▲
Q1-2024 $-3.426M $-19.614M $-1.59M $-333K $-21.537M $-21.204M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been fairly flat in recent years and sits below the 2021 peak, which suggests the business has not yet fully recaptured its post‑pandemic strength. Profitability has weakened: the company moved from solid profits in 2021–2022 to operating and net losses in the last two reported years. Margins have narrowed, and earnings have been volatile, which is common in fashion retail but still a point of caution. Overall, the income statement tells a story of a retailer in a turnaround phase, trying to stabilize sales and rebuild profit after a strong but brief upswing.

Balance Sheet

Balance Sheet The balance sheet looks reasonably solid but not especially cushioned. Total assets have drifted slightly lower, and the cash balance has come down from earlier, stronger levels, leaving a more modest cash position. Debt and lease obligations are meaningful but not extreme relative to the asset base, and shareholders’ equity remains positive, though thinner than a few years ago. In simple terms, the company appears financially stable, but with less room for error than it once had, so sustained losses would matter more now than they did earlier in the decade.

Cash Flow

Cash Flow Cash generation has softened. Operating cash flow was strong during the earlier pandemic and immediate post‑pandemic period but has since faded toward breakeven, even slipping negative at times. Free cash flow has been negative in recent years, reflecting a mix of weaker operating cash and ongoing investment in the store base and operations. This means the business has been consuming cash rather than consistently producing it, which is manageable for a while but not indefinitely. A key future indicator will be whether the company can turn its new initiatives into steadier, positive cash flow again.

Competitive Edge

Competitive Edge Citi Trends holds a distinctive niche in off‑price retail by focusing on African American and multicultural families in neighborhood locations. Its stores emphasize culturally relevant fashion, value pricing, and a “treasure hunt” experience, which together foster frequent visits and strong loyalty in its core communities. This targeted focus, combined with convenient locations and an off‑price model, gives the company a recognizable brand and some protection from more generic discount and department store competitors. That said, it still operates in a highly competitive segment, facing pressure from larger off‑price chains, fast fashion, and online alternatives, so maintaining that cultural and local relevance is critical.

Innovation and R&D

Innovation and R&D The company’s “R&D” is less about laboratories and more about how it uses data, technology, and merchandising. Citi Trends is rolling out an AI‑driven inventory system aimed at putting the right products in the right stores, while reducing stockouts and excess inventory. It also leans heavily on customer and location data to shape product assortments, store remodels, and supply chain decisions. Planned store remodels and measured new store openings are intended to refresh the brand and improve the shopping experience. These initiatives could lift sales and margins if executed well, but there is typical execution risk: technology rollouts can take longer than planned, and store investments only pay off if the local customer response is strong.

Summary

Citi Trends combines a clearly defined customer niche and value‑oriented, off‑price model with a period of financial pressure. The business showed strong performance earlier in the decade but has since slipped into losses and weaker cash generation, suggesting it is in the midst of a reset. The balance sheet still provides some stability, but with less excess cash and a thinner equity cushion than before. On the positive side, the company’s cultural focus, neighborhood presence, and data‑driven approach give it a differentiated position in a crowded retail market. The central question going forward is whether its technology investments, store refreshes, and merchandising strategy can restore consistent profitability and cash flow in a sector that is both cyclical and intensely competitive.

NEWS

November 18, 2025 · 6:45 AM UTC

Citi Trends Sets Date for Third Quarter 2025 Earnings Release and Conference Call

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September 24, 2025 · 6:45 AM UTC

Citi Trends to Present at 2025 Global Consumer & Retail Conference

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