Citi Trends, Inc. Reports Preliminary Q1 2026 Sales and EBITDA, Raises Fiscal 2026 Outlook

Citi Trends, Inc. announced preliminary unaudited financial results for the first quarter ended May 2, 2026. Total sales increased by 14.4% to $230.9 million, with comparable store sales up 13.9% (23.8% on a two-year basis). Adjusted EBITDA for Q1 2026 is expected to be between $13.5 million and $14.0 million, more than doubling the previous year's performance. The company is raising its fiscal year 2026 outlook, now expecting comparable store sales growth between 8% and 10% (previously 5% to 7%) and Adjusted EBITDA between $35 million and $40 million (previously $34 million to $38 million). A detailed report will be provided during the earnings call on June 2, 2026. The preliminary results are subject to completion of standard closing procedures.