Citi Trends Reports Q1 Fiscal 2025 Sales Growth of 8.3%, Swings to Adjusted Net Income of $1.4 Million

Reuters

2025/06/03

<a href="https://laohu8.com/S/CTRN">Citi Trends</a> Reports Q1 Fiscal 2025 Sales Growth of 8.3%, Swings to Adjusted Net Income of $1.4 Million

Citi Trends, Inc., a leading off-price value retailer, reported a notable increase in its first quarter fiscal 2025 results. The company achieved comparable store sales growth of 9.9%, contributing to a total year-over-year sales growth of 8.3%, or $15.4 million, bringing total sales to $201.7 million. The adjusted EBITDA for the quarter was $5.4 million, marking an increase of $6.2 million compared to the previous year. The balance sheet remains strong, with ample liquidity and no debt. Looking ahead, Citi Trends has raised its fiscal 2025 outlook, maintaining an expected effective tax rate of approximately 0%. The company plans to open up to five new stores, remodel around 50 stores, and potentially close up to five locations. Capital expenditures for the full year are anticipated to remain in the range of $18 million to $22 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citi Trends Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250603887703) on June 03, 2025, and is solely responsible for the information contained therein.

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The company achieved comparable store sales growth of 9.9%, contributing to a total year-over-year sales growth of 8.3%, or $15.4 million, bringing total sales to $201.7 million. The adjusted EBITDA for the quarter was $5.4 million, marking an increase of $6.2 million compared to the previous year. The balance sheet remains strong, with ample liquidity and no debt. Looking ahead, Citi Trends has raised its fiscal 2025 outlook, maintaining an expected effective tax rate of approximately 0%. The company plans to open up to five new stores, remodel around 50 stores, and potentially close up to five locations. Capital expenditures for the full year are anticipated to remain in the range of $18 million to $22 million.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citi Trends Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250603887703) on June 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CTRN","symbol_name":"Citi Trends","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250603:nNDL4N7P6d:1","article_id":"2540773411","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540773411","pubTimestamp":1748947518,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Citi Trends, Inc., a leading off-price value retailer, reported a notable increase in its first quarter fiscal 2025 results. 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