Citi Trends, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Kenneth Duane Seipel
- Full Time Employees
- 2,500
- Sector
- Consumer Cyclical
- Industry
- Apparel - Retail
- Address
- 17 Park of Commerce Boulevard Savannah GA United States of America 31405
- IPO Date
- May 18, 2005
- CIK
- 0001318484
- Website
- cititrends.com
- Similar Companies
- Business
- Citi Trends, Inc. (CTRN) operates as a value-priced retailer of urban fashion apparel, accessories, footwear, beauty products, and home decor items, primarily targeting African American and multicultural families in urban and suburban communities across 33 states in the United States; the company offers nationally branded merchandise alongside private labels such as Citi Steps and Red Ape, including men's, women's, children's, and infants' clothing like sportswear, jeans, dresses, and plus-size options, as well as shoes, handbags, jewelry, home goods, and seasonal decor, all sold at discounts of 20% to 60% below department and specialty store prices. Founded in 1946 as part of Allied Department Stores' Savannah Wholesale Co. and officially renamed Citi Trends, Inc. in 2001 following a corporate spin-off, the company is headquartered in Savannah, Georgia, with distribution centers in Darlington, South Carolina, and Roland, Oklahoma, and operates approximately 600 stores in neighborhood shopping centers. In recent developments, Citi Trends extended its credit agreement maturity to April 2030 from 2026, launched a test of an AI-based allocation system using predictive analytics for sales forecasting in fiscal 2024, reported strong second quarter fiscal 2025 results with total sales of $190.8 million, comparable store sales growth of 9.2%, and a gross margin rate of 40.0%—its highest in over a decade—while raising full-year guidance, and plans to open up to five new stores, remodel about 50 locations, and close 10 to 15 underperformers in fiscal 2025 as part of ongoing fleet optimization and turnaround efforts focused on merchandise margins, inventory management, and e-commerce enhancements.
Company News
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Citi Trends, Inc. (NASDAQ: CTRN).
Citi Trends, Inc. $CTRN Stock Sold by Engineers Gate Manager LP
CITITRENDS Announces Finance Leadership Update
Hsbc Holdings PLC Buys New Position in Citi Trends, Inc. $CTRN
Citi Trends Continues To Execute But Price Already At Nosebleed Valuations For B&M Retail
Citi Trends, Inc. (CTRN) Q2 2026 Earnings Call Transcript
Citi Trends Q2 Earnings Call Highlights
CITITRENDS Announces Second Quarter Fiscal 2026 Results
CitiTrends Pre-Announces Strong Preliminary Q2 Sales in Advance of Conference Participation and Sets Date for Second Quarter 2026 Earnings Release and Conference Call
Citi Trends Latest Off-Price Retailer Thriving As Consumers Seek Value
Citi Trends Continues To Impress, But I Maintain That The Price Is Risky
CORRECTION CITITRENDS Announces First Quarter Fiscal 2026 Results
Citi Trends, Inc. (CTRN) Q1 2026 Earnings Call Transcript
Citi Trends Q1 Earnings Call Highlights
CITITRENDS Announces First Quarter Fiscal 2026 Results
Citi Trends Inc (CTRN) Shares Fall 9.4% -- What GF Score of 63 Tells Investors
CitiTrends Pre-Announces Strong Preliminary Q1 Sales and EBITDA in Advance of Conference Participation
Citi Trends Inc (CTRN) Shares Surge 11.5% -- What GF Score of 70 Tells Investors
CitiTrends Sets Date for First Quarter 2026 Earnings Release and Conference Call
Citi Trends (NASDAQ:CTRN) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?