Citi Trends (CTRN) Q4 2026 earnings summary

Executive summary

• Achieved strong transformation in 2025, with disciplined execution and renewed customer focus driving momentum into 2026.

• Q4 2025 total sales reached $230.4 million, up 9.1% year-over-year, with comparable store sales growth of 8.9% and a two-year stack of 15.3%.

• Fiscal 2025 total sales were $820 million, up 8.9% year-over-year, with comparable store sales growth of 9.7%.

• Adjusted EBITDA for fiscal 2025 was $11.8 million, a $26 million year-over-year improvement.

• Entering 2026 with a clear growth plan, emphasizing execution, profit flow-through, and accelerated expansion.

Financial highlights

• Q4 comparable store sales grew 8.9% year-over-year; two-year comp growth was 15.3%.

• Q4 total sales rose 9.1% to $230.4 million; adjusted EBITDA reached $11.9 million, up 67% from prior year.

• Full-year 2025 sales increased 8.9% to $820 million; comparable store sales up 9.7%.

• Gross margin expanded 210 basis points to 39.6% for the year; adjusted EBITDA grew by $26 million to $11.8 million.

• Ended year with $66 million in cash, no debt, and no drawings on $75 million revolver.

Outlook and guidance

• Fiscal 2026 guidance: total sales growth of 6%-8%, comparable store sales growth of 5%-7%.

• Gross margin expected to expand by 100 basis points; adjusted EBITDA projected at $34-$38 million.

• Plan to open 25 new stores, remodel 50 locations, and close 4 stores in 2026.

• Capital expenditures expected at $35-$40 million, mainly for new stores and remodels.

• Targeting over $50 million EBITDA by end of 2027, with 40 new stores planned for 2027.