Citi Trends Pre-Announces 13.9% Q1 Comparable Sales Growth, Doubles EBITDA
CTRN•Preliminary Q1 2026 sales reached $230.9 million with 13.9% comparable store sales growth and expected adjusted EBITDA of $13.5–$14.0 million, more than doubling last year’s performance. The company raised its fiscal 2026 outlook to 8–10% comparable sales growth and $35–$40 million in adjusted EBITDA.
1. Preliminary Q1 2026 Performance
The company recorded $230.9 million in first-quarter sales, drove 13.9% year-over-year comparable store sales growth (23.8% over two years), and expects adjusted EBITDA of $13.5–$14.0 million, more than doubling the prior year’s performance. These figures are preliminary unaudited estimates pending final closing procedures.
2. Updated Fiscal 2026 Outlook
The full-year comparable store sales growth forecast was raised to 8–10%, up from 5–7%, implying high single-digit growth for the balance of the year. Adjusted EBITDA guidance was increased to $35–$40 million from $34–$38 million, reflecting stronger profitability expectations.
3. Craig-Hallum Institutional Investor Conference Participation
CEO Ken Seipel and CFO Heather Plutino will present at the 23rd annual Craig-Hallum conference on May 28 in Minneapolis, offering investors direct access to the company’s strategic priorities and financial updates.
4. Strategic Transformation and Growth Focus
Management highlighted disciplined execution in merchandise assortment enhancements and value proposition improvements driving customer response and profitability. The company remains committed to sales flow-through, accelerated growth and building long-term shareholder value in its core communities.
