Citi Trends

Citi Trends reported Q2 fiscal 2026 comparable-store sales growth of 10.5% and total sales of $211.6 million, while adjusted EBITDA turned positive at $5.5 million versus a $1.1 million loss a year earlier. Management raised full-year guidance, forecasting comp-store growth of 9%–11%, adjusted EBITDA of $38 million–$42 million and gross-margin expansion of roughly 50–70 basis points. The retailer opened four stores, remodeled 26 locations in the quarter, launched the Insiders Club loyalty platform, and ended the period with $55.9 million in cash and no debt. The board approved a $100 million shelf registration and the company plans about 20 new stores and 60–65 remodels in fiscal 2026. » More on finance.yahoo.com

Citi Trends reported adjusted earnings of -$0.11 per share for Q2 (expectation -$0.35) and revenue of $211.6 million, with both metrics beating estimates. Same-store sales rose 10.5% (the eighth consecutive quarter) and adjusted EBITDA improved to $5.5 million. The company raised its full-year guidance for revenue, same-store growth, margin leverage and adjusted EBITDA, but cut 2026 new-store plans to about 20 locations. The stock fell roughly 6.25% in trading, reportedly due to valuations and uncertainty about the pace of future growth. » More on de.investing.com

Citi Trends released preliminary, unaudited net sales for Q2 2026 of $211.6 million, an increase of 10.9% year-over-year. Same-store sales rose 10.5% (19.7% on a two-year basis) and all merchandise categories showed gains; year-to-date sales total $442.5 million (+12.7%). Growth was driven by higher transaction counts and larger baskets; full Q2 results will be released before market open on August 25, 2026. » More on de.investing.com