Overview

• US off-price retailer's sales rose 9.6% for nine-week holiday period ending January 3, 2026

• Reaffirmed fiscal 2025 outlook

• Comparable store sales grew 9.3% during holiday period

• Company expects year-end cash balance of approximately $65 mln

Outlook

• Citi Trends expects full-year comparable store sales to rise by high-single digits

• Company anticipates full-year EBITDA of $10 mln to $12 mln

• Citi Trends projects year-end cash balance of approximately $65 mln

Result Drivers

• TRANSACTION AND BASKET SIZE - CEO Ken Seipel attributed the 9.3% comparable store sales growth to increased transaction numbers and average basket size

• PRODUCT ASSORTMENT - Holiday sales were driven by an elevated product assortment, including brands, fashion, and off-price deals

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the apparel & accessories retailers peer group is "buy"

• Wall Street's median 12-month price target for Citi Trends Inc is $55.50, about 14.6% above its January 9 closing price of $48.43

• The stock recently traded at 63 times the next 12-month earnings vs. a P/E of 509 three months ago

Press Release: ID:nBwbG4k4sa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)